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The economy-it's not that bad

At least it's not according to Dr. Lowell Catlett, an economist and futurist who gave a talk this morning at Dairy-Deli-Bake. What I took from his speech is that we are all essentially spoiled. Recessions are a part of life, he said, and almost as soon as we get in one, we are working our way out of one, it's just a matter of how quickly. Some recessions are Vs, which as soon as the economy hits bottom, it starts right back up again. Others are Ls, where the economy sits at the bottom level

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