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Part of it is that way more people have college degrees now than did in the 80s. Part of it is that in the aftermath of one of the strongest economies in human history, it's going to seem doubly bad. Part of it is, this recession really is pretty bad. It's lasted a long while, and it's going to be many months before we recover.
However, althought the point of the article is that it's somehow different this time, the economy of today is not the economy of 1991, and the conclusions should be taken with a grain of salt.
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