A Lot of Us Don't Remember When Times Were Tougher
{{#rendered}} {{/rendered}}
You know the bad thing about going through tough times?
A lot of us don't remember when they were a lot tougher.
I mean, we have a whole generation of Wall Street traders who have no memory of the 1987 stock market crash.
{{#rendered}} {{/rendered}}
Or the last really serious recession back in the late '70s.
Or long gas lines in the early '70s.
We have folks looking at unemployment under 5 percent and equating it with a depression, when it was 25 percent.
{{#rendered}} {{/rendered}}
Or fretting over inflation at 3 percent, and failing to remember a prime rate not that long ago at 21 percent.
We have politicians bemoaning Americans losing homes and liken it to a time when the majority didn't even have homes.
I'm not saying the pain isn't real.
{{#rendered}} {{/rendered}}
I am saying the perspective simply isn't there.
Think about it: we have candidates proposing up to a trillion dollars in government aid to do everything from rescue mortgages to cure hangnails.
The hangnail part was a joke.
{{#rendered}} {{/rendered}}
But there's no joking about the serious dough we're spending to address a crisis, that in the scheme of things, doesn't hold a candle to much more serious crises in our past.
Because most of us forget our past.
Indeed, most haven't even lived it.
{{#rendered}} {{/rendered}}
I'm not saying we're soft.
I am saying if this is how we define hard....we're something else.
Clueless.
{{#rendered}} {{/rendered}}
Watch Neil Cavuto weekdays at 4 p.m. ET on "Your World with Cavuto" and send your comments to cavuto@foxnews.com