By Levi B Cavener
The twenties are almost upon us. And while this decade will no doubt be different than the “Roaring 20’s” a century ago, perhaps there are some lessons to learn by looking to the past.
That time period, like today, was defined by the absence of large scale war in our country and the world. Unions were in decline much as they are today. And the economy was on sound footing similar to a decade of continuous GDP growth as of today.
But the end of that decade was marked by Black Tuesday, a stock market crash that ushered in the next decade of economic free-fall and depression that crippled the nation for years. And while one would hope that the United States and Idaho are not on the verge of another recession to rival 2008, the fault lines are becoming visible. Continue reading