This is a brief essay concerning the 1990-1991 recession. The events that led to a slowdown in economic growth with the subsequent slip into recession will be reviewed. While recessions are a natural part of the business cycle, this paper includes a discussion of the differences between the 1990-1991 recession and previous declines, the people and firms who were hit the hardest, reasons for the snag in the recovery, as well as a presentation of some suggestions for recovery. [PUBLICATION ABSTRACT]