DEPRESSION, PROSPERITY, RECESSION…?

October 19th, 2012

I’m listeing to Robert Reich’s Aftershock on a Playaway and I wish I had had him available as an economics professor in college. If more Americans, including most members of the Tea Party, understood how economies worked for all and not just the 1 Percent, then we might have retained the lessons of the Great Depression and Marriner Stoddard Eccles and thus avoided the Great Recession.

The more we can educate, the fewer suckers our 21st centruy Barnums will be able to exploit.

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