What are the real reasons for the downturn in the economy?
August 26th, 2010
From Political Wire:
Coming next month: Aftershock: The Next Economy and America’s Future by Robert B. Reich.
“When the nation’s economy foundered in 2008, blame was directed almost universally at Wall Street. But Reich suggests a different reason for the meltdown, and for a perilous road ahead. He argues that the real problem is structural: it lies in the increasing concentration of income and wealth at the top, and in a middle class that has had to go deeply into debt to maintain a decent standard of living.”
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