We need to stop thinking of economic movements as either “good” or “bad”. Economies expand, then they contract, then they expand again.

Future expansions are dependent on present contractions as the markets correct themselves and shift labor and resources to where they are most needed.

The important thing is to eliminate barriers that keep labor, capital and raw materials from going where the economy (ie: the people) say they are wanted.

Eliminate capital gains and other tax restrictions on the flow of capital.

Eliminate state and union “licensing” which allow for entrenched protectionism. (This is why your plumber is the richest guy you know)

Eliminate trade tariffs so materials and goods can go where they are wanted.

Everything else is just howling at the moon — which is going to be there, whether you want it to be or not.