A coalition of adverse forces seemed allied against Foster's determination and high hopes: (1) there was potential for a strike, should Foster balk at union demands; (2) 1983 might have proved not even close to the bottom of the recession for heavy machinery; (3) who knew what EPA standards the former owner had let slide, that the new one might be called on to correct? (inc.com)
Unfortunately that's usually the cohort that started at the bottom of the recession, that started in 1982 at the bottom of that recession or in 1975 at the bottom of that recession or 1932 at the bottom of that recession. (newretirement.com)
In fact, if you are retiring at the bottom of the recession, you can probably go higher than 4 % right? (newretirement.com)