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A comment on It’s Official: This Is Now the Longest Economic Expansion in US History. Parent comment

Re:It’s Official: This Is Now the Longest Economic Expansion... by ls612 on Monday July 08, 2019 @11:06AM (#20383355)
Think of the economy like a forest and downturns like a forest fire. The downturns (fires) are a necessary part of the lifecycle of the economy (forest) since they remove inefficient or incompetent companies and reallocate their resources for better uses (burn away the driest and dead wood and fertilize the ground for new saplings)
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Re:It’s Official: This Is Now the Longest Economic Expansion... by rjtavares on Monday July 08, 2019 @11:13AM (#20383422)
And like forest fires, sometimes people suffer and even get killed dy downturns. We should try to avoid that instead of the fire itself.
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