January 21, 2010The causes of the Great Recession of 2008-2010 (and possibly beyond) have been debated and explored in many publications, including on these pages. One of the arguments that I see frequently, even among Conservatives, is that the banking industry collapse was a direct result of the repeal of Glass-Steagall in 1999 by the Republican Congress [...]
Read the full article → September 5, 2009The August unemployment numbers came out Friday indicating that the USA is still hovering at a European 9.7% unemployment rate. That’s the highest it’s been since 1983 and doesn’t include the people who’ve stopped looking for jobs or break it down into which segments of the population are being hit harder than others.
The difference between [...]
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