"Remember, the recession isn't all bad: Unsupportable debts are being
erased. Consumers are rebuilding their savings and lowering their living
standards to match reality. Workers are exiting dying industries. And
through distress sales, foreclosures, and bankruptcies, assets are being
taken away from weak hands and given to strong ones, creating the
conditions for future growth."
--Peter Coy, "Is the Jobs Panic Justified?", Business Week, Dec. 22, 2008
Teachers might want to parse almost every phrase of this remark in class.
Charles Andrews
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