There is the same sort of formula, predictable, ever-present in nearly every major economic catastrophe. We saw it back in the 1970's, when a major external oil shock sent the economy into a tail spin.

There is the same sort of formula, predictable, ever-present in nearly every major economic catastrophe. We saw it back in the 1970's, when a major external oil shock sent the economy into a tail spin.

There is the same sort of formula, predictable, ever-present in nearly every major economic catastrophe. We saw it back in the 1970's, when a major external oil shock sent the economy into a tail spin.

Government spending, it's something that we've become inured to. We all know that excessive spending, and it's subsequent debt, is bad.

But we're resigned to it. It seems so inevitable. It also seems like there is absolutely nothing that we can do about it.

Perhaps it's worthwhile to take a step back, and look at just how we got where we are.

Government spending, it's something that we've become inured to. We all know that excessive spending, and it's subsequent debt, is bad.

But we're resigned to it. It seems so inevitable. It also seems like there is absolutely nothing that we can do about it.

Perhaps it's worthwhile to take a step back, and look at just how we got where we are.

Government spending, it's something that we've become inured to. We all know that excessive spending, and it's subsequent debt, is bad.

But we're resigned to it. It seems so inevitable. It also seems like there is absolutely nothing that we can do about it.

Perhaps it's worthwhile to take a step back, and look at just how we got where we are.

Government spending, it's something that we've become inured to. We all know that excessive spending, and it's subsequent debt, is bad.

But we're resigned to it. It seems so inevitable. It also seems like there is absolutely nothing that we can do about it.

Perhaps it's worthwhile to take a step back, and look at just how we got where we are.

It can be a confusing time, for those of us who like to keep track of the economy, and where it may be headed.

Just last Thursday, as you'll recall, we were talking about how strong the economy looked.

It was announced that the Nation's Gross Domestic Product, it's GDP, came in at a remarkable 6.9% annualized growth rate for the fourth quarter of 2021.

It can be a confusing time, for those of us who like to keep track of the economy, and where it may be headed.

Just last Thursday, as you'll recall, we were talking about how strong the economy looked.

It was announced that the Nation's Gross Domestic Product, it's GDP, came in at a remarkable 6.9% annualized growth rate for the fourth quarter of 2021.

It can be a confusing time, for those of us who like to keep track of the economy, and where it may be headed.

Just last Thursday, as you'll recall, we were talking about how strong the economy looked.

It was announced that the Nation's Gross Domestic Product, it's GDP, came in at a remarkable 6.9% annualized growth rate for the fourth quarter of 2021.