You can afford anything, just not everything.

Every choice that you make is a trade-off against something else, and that doesn't just

apply to your money, that applies to your time, your focus, your energy, your attention.

That applies to anything in your life that's a scarce or limited resource.

Saying yes to something, implicitly means turning away all other opportunities, and that

happens up to questions.

First, what matters most?

And second, how do you align your decision-making around that which matters most?

Answering these two questions is a lifetime practice, and that's what this podcast is

here to explore and facilitate.

My name is Paula Pant, I'm the host of the Affordable Care Foundation, and today we

ask the question, where have all the recessions gone?

Back in the late 1800s, early 1900s, there were frequent recessions.

With the average duration being approximately two years in between recessions, today,

the duration between recessions is significantly longer in recent history it's averaged eight

to ten years, which means the frequency of recessions has declined.

And while the severity has not changed, a recession when it strikes could be as severe as

it was in the past, yet the length of that recession, the duration of the recession has

shortened quite a bit, with our most recent recession being only two months long.

So we have fewer, quicker recessions.

And we kick off today's episode with a conversation about whether or not we should learn to expect

this.

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