And Now? Hard Times and Good News.
Bad News Warren Buffett, the widely respected Omaha multi-billionaire, used the phrase “Pearl Harbor” to describe the significance of our nation’s current economic crisis, a phrase he has never before used about the economy. Many other very reputable people feel the same way. “Pearl Harbor” was a very damaging air attack on our forces in Hawaii and it got us involved in World War II. It was a surprise, deadly, and very frightening It took a demanding and costly effort, but we did pull out of it. The sense of things now seems to be that again we are in for some rough years,