Recession Not As Bad As 1980, Says Small Biz Economist

Just how bad is today's economy?

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We hear constant comparisons between today's economy and the 1930s. But it's not apt to compare this recession to the one just 29 years ago, says William Dunkelberg, chief economist at the National Federation of Independent Business. Read on here:

While the economic indicators are now hovering near the low levels we saw nearly three decades ago, Dunkelberg isn't panicking and doesn't think small business owners should be fearful either.

"We'll get through this year as always," he said. "It's the private sector that will save itself, not the government."


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