Tag Archives: Great Depression

Krugman strains eyes, can’t see light at tunnel’s end


Give credit to Paul Krugman for consistently refusing to pretend the so-called Great Recession was anything less than a depression. Now he’s suggesting hard times might be here to stay, because working-class Americans are too brain-dead to take action on … Continue reading

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Media to America: What unemployment crisis?


On and on goes media coverage of the debt ceiling standoff, a shocking spectacle of Democratic weakness and Republican greed. What’s not being covered in the ongoing misery of the millions of Americans who lost jobs and/or homes and see … Continue reading

Posted in economic collapse, globalization, Great Depression, Great Recession, mainstream media, Obama, Politics, unemployment, Wall Street | Tagged , , , , | Leave a comment

Denial is just a sign of the times


This is what happens in other democracies when bankers try to reward themselves for helping to ruin the world economy: Britain has a rival when it comes to bashing bankers. After a furious row over pay packages at Amsterdam-based ING … Continue reading

Posted in Congress, economic collapse, globalization, Great Depression, Great Recession, mainstream media, Obama, Politics, taxes, unemployment, Wall Street, world-wide economy | Tagged , , , , , , , , , , | Leave a comment

Out of work, out of sight, out of mind


In the  1930s, the jobless were big news. Now they’re invisible. Media coverage of the unemployment problem pretty much ended on July 22, when President Obama signed a bill extending coverage to 2.5 million Americans whose benefits had been blocked … Continue reading

Posted in Congress, mainstream media, Obama, Philadelphia, Politics, unemployment | Tagged , , , , , , , , | 1 Comment