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Not that kind of hug!

Doctor Doom – also known as Nouriel Roubini – writes in Forbes that “the worst is not behind us”…

The U.S. will experience its most severe recession since World War II, much worse and longer and deeper than even the 1974-1975 and 1980-1982 recessions.

I agree with him. Unfortunately, to his litany of woes I’d add incompetent counter productive government actions that will make the recession longer and that will keep us from capturing efficiencies from the struggle.

Sorry kids. I wish my generation had done better by you.