Toronto I’m not saying that everyone is asleep at the switch on what is happening in condos in the housing crises of the Great Recession, but I think we can all agree that the issue is not front and center. Fair enough? Nonetheless, when housing foreclosures rob any notion of the “ownership” society that President Bush …
Tag: Great Recession
Lessons from Wall Street Crash: Greed is not Good, but it is Pervasive!
New Orleans In the small shelf of books I have on the ways and means of the Great Recession, how the crash came to occur, and what it means for the future, there is a 360 degree circle of finger pointing, blame, and shame. As William Cowan astutely argues in How We Got the Crash Wrong …
Poverty Meltdown Crushing Families in Record Numbers
New Orleans You can’t put lipstick on this pig. There is no way to spin the Census Bureau numbers as anything but tragic or keep the phrases “lost decade” or “lost generation” out of the story of the avalanche income slide that is burying families in poverty in this Great Recession. The coming argument over …