Recently, I mentioned the economic downturn in the state of the lobster industry.
Lobster prices are on the rise up and down the coast of Maine; they are nearly double what the low price was. For now.
This is a very good thing.
We are not living through anything that even compares to the Great Depression, and to even imply that we are is simultaneously deeply insulting to those who did live through it as well as woefully ignorant as to what it was like.
There are no block-long lines for soup kitchens. More than 90% of the nation is fully employed - not the 60% or so employment of the 1930s. There is no “dust bowl” - soil and water conservation practices have made such a huge loss of our nation’s bread basket impossible. People aren’t going to lose their money to bank failures - the FDIC has them insured."