Recently, our college president spoke to the faculty. In her speech to us, she said that some economists think that the economy may NEVER recover from the current recession. Scary words, even when heard by an economist. I must admit, however, that I am not so pessimistic about our current recession.I look at our current recession, and although I am certainly not a macroeconomist, I recognize in it the “Paradox of Thrift”. This idea says that when people increase their saving, this, while good for individuals, it is bad for the economy.