9 Reasons This Recession Will Be Good: My friend Dennis passed on this article from U.S. News and World Reports. It states: "Recessions are lousy - as Americans have learned about 10 times over the last 50 years. But they're also necessary. Prosperity tends to produce a lot of economic sediment, like unneeded purchases and excessive debt, that coagulates like gunk in a pipe. A good recession flushes it out. It also washes away things we need, like jobs and businesses. But on the whole, the "troughs" in the business cycle - recessions - help refresh the economy and keep it healthy." Read the full article.

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About Me

I’m a follower of Jesus Christ. I live in Gaithersburg, Maryland, with an amazing wife and three wacky, fun kids. I'm a pastor at Covenant Life Church. I’m also a writer.

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9 Reasons This Recession Will Be Good

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