I don't see any significant recession or depression in the offing.
I think things that contribute to the destruction of our free-incentive system are wrong. A trend against that free-incentive system is wrong, and should only be temporarily engaged in, in the event that war or something of that kind requires it. Otherwise, it should be reduced.
It's a terribly hard job to spend a billion dollars and get your money's worth.
You can't set a hen in one morning and have chicken salad for lunch.