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Originally Posted by lars
As for hiring. I just hired a new employee in the last two weeks. And I am looking at acquiring another office which would more than double the size of my business. Things are not bad everywhere.
Remember GDP is still expanding. Which means business is GROWING. Although very very slowly. Yea a 1-2% decrease in GDP gets tons of news. But trillions and trillions of dollars of business is still done every year in this country. Recession happen and then they don't. This one will be over soon enough.
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Since we've rejected liberal protectionism, the inevitable recessions we always face have been shorter and shallower, just like right thinking economists have been saying since the time of von Mises and Hayek.