Great Recession Continues

Great REcession Continues

*+-Sylvia Allegretto : On this side of the Great Recession, after much discussion of inequality, it looks like it is going to be more of the same—typical workers and their families who paid the price during the downturn have gained little during the upturn.

Austerity: Kind of a Drag

CPER-CA-austerity 350

*+-Sylvia Allegretto: It simply never made any sense to make an already weak economy weaker by slashing government spending before having a sustained and robust recovery. Sylvia Allegretto:It simply never made any sense to make an already weak economy weaker by slashing government spending before having a sustained and robust recovery.

Household Income: Slip Slidin’ Away

sylvia allegretto

*+-Sylvia Allegretto: In recent expansions post-recession income gains have taken longer to materialize and given the enormity of the Great Recession it may be years before we see any improvement.