Halil Emre: Many “Gloomy Guses” and “prophets of doom” spread their gloom by periodically announcing we’re headed for a business slump. Without fail, about every four or five years they announce the coming “recession.” Speaker Don Hutson of Memphis, Tennessee, points out that the media has accurately predicted eighteen of the last two recessions.

Many “Gloomy Guses” and “prophets of doom” spread their gloom by periodically announcing we’re headed for a business slump. Without fail, about every four or five years they announce the coming “recession.” Speaker Don Hutson of Memphis, Tennessee, points out that the media has accurately predicted eighteen of the last two recessions.

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