Grandpa’s Job

Understanding the changes that have taken place in our economy over the last two generations helps us to understand the nature of the Depression or near Depression we are in now.  The most important reason for this is that the way out of a economic downturn is a restructuring – allocating energy and money to something that has a real value to the world.  Think of it as a chance to go to our rooms and think about what we’ve done and what we’re going to do different in the future.  The other reason is that as we look to the last Depression for guidance as to what we should be doing, there are obvious limitations caused by the simple fact that things have changed.

Continue reading