Recession For Dummies

Why the New Economy went bust: the new stuff doesn't work

All this recession talk is off the mark. Interest rates. Tax rates. Bonds and equities. Blah, blah, blah. It's all a bunch of nonsense. The causes. The cures. Who's to blame, who's not to blame? Well, I know why there's a recession, and so do you. I know why there's no consumer confidence. It's simple, though they've tried to make it complicated, like they've tried to make everything complicated lately.

There's a recession because nothing works. I'm talking about the New Economy here. Cell phones. Satellite TV. PDAs. Computers. The stuff that was supposed to make us rich but won't...

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