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Subrat SaurabhAuthor of Kuch Woh Pal
In all the coverage and editorializing on the recession that began during the Bush administration, something has been conveniently overlooked: It's not the first recession the United States has ever had to deal with, nor is it the worst.
There are always ups and downs. Certainly, there are exceptional periods, such as the Great Depression or the recession of the seventies, which began under the Carter administration, but those exceptional periods are only exceptional by degree, rather than by nature. By this, we simply mean that the economy is constantly, constantly in a state of slumps and rebounds and spikes and sags and jumps. While you can generally define any given decade as having been either good or bad for the economy, the fact remains that it's never truly just one or the other.
Nishant Baxi
I am an experienced content creator and digital/social media marketing professional with a demonstrated history of working in the publishing industry. Skilled in E-Learning, Market Research, Online Advertising, Management, and Business Development, Content Development.
