PANIC!

A worthy counterpoint to the all-to-frequent exortations of disaster we’ve heard lately.

Daniel Gross, writing for Slate, did a little research to determine if the current financial crisis is really as bad as the Great Depression.  His conclusion: no, not nearly as bad.  Stop the melodrama!

Update: Tom Friedman, on the other hand, has decided to encourage people to do precisely the opposite of what a good many educated people have suggested, and stoke the fires of hysteria.

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