Where there is no business at all, business can be neither good nor bad. There may be starvation, and famine, but no depression in the sense in which this term is used in dealing with the problems of a market economy.
European central bankers hate the few rules that restrain the eurozone's profligate spenders. But those rules are what keeps a currently dangerous system from spinning totally out of control.
Environmental activists admit that the Paris Agreement wasn't a "solution" to climate change, they should actually be thanking Trump for abandoning it.
Far from being a bucolic utopia, economic conditions were highly unsatisfactory on the eve of the Industrial Revolution. The traditional social system was not elastic enough to provide for the needs of a rapidly increasing population.
The trade deficit has increased since President Trump took office, consumer prices are rising, and American industries are losing their competitiveness on the world stage.
