I remember being a child in the 80s and seeing on the news about how Ronald Reagan wanted to turn us into a "service economy."

I knew as a child that this was not a feasible way to have an economy when nobody is actually producing anything. I thought to myself, "They'll figure it out, the old man won't be in office much longer anyway."

I don't know how I knew at such a young age, but I sure was naive enough to believe we "adults in the room" in government who would set us back from a stray path of some sort time morons who take control.

By the recession of the early 90s I had lost that naïveté.