On Sat, 10 Jan 2009 17:47:12 -0500, "Eisboch"
wrote:



No, I don't think he's correct at all. We are in for some tough times over
the next 2-3 years, but we will recover nicely. As bad as it is, it has
been worse before. Don't your remember the late Carter years, 20% interest
rates, inflation and 11 percent unemployment?

I was ok then. 8% mortgage.
What I remember most is getting laid off my first IT job in 1982.
Along with plenty of others.
Ronald Reagan.
The highest unemployment rate since the great depression.
That's what I remember.
You know what say about when your neighbor gets laid off....

--Vic