Originally Posted by Walter Slocombe
Jeff, you are a moderator, right?
try reading it again, till your comprehension kicks in, he didn't say the recession "WAS 100 years long", but that it was "the worst one IN 100 years." there is a difference.
My comprehension was fine. Maybe you haven't heard of the reference I was using. Haven't you heard of the concept of a 100 year storm? That doesn't signify a storm that last 100 years either, but the worst you'll likely see in 100 years. That's exactly how I meant it. Maybe the usage is a little awkward, but I thought it fit. I think it's used more in meteorology and civil planning - a bridge expected to last X years should be designed to take the worst storm/flood/quake expected to take place within X years (or maybe 2X years, I forget).
however this omits the stock death hell of '29. of course with that not being within most posters living memory, it just seems like its the worst recession IN 100 years, because modern communication seems to revolve around the hyperbole today.. sigh.
I don't think it's as bad as the recession in the late 70's to early 80's. It might get parity with that, some indicators are close, others aren't. I personally don't remember that recession, I was too young.