Americans Bounced Back Faster After the Great Depression than the Great Recession
Pulitzer prize-winning reporter David Cay Johnston has researched economics, wages, taxes and related issues for many years. He’s written numerous books on those subjects.
Writing for the San Jose Mercury News, then serving as a columnist for Reuters, Johnston won his Pulitzer writing on economics and tax issues for the New York Times.
President of Investigative Reporters and Editors, Johnson now holds titles such as Distinguished Visiting Lecturer at Syracuse University College of Law and Whitman School of Management.
In other words, Johnston is a highly-credible reporter on economic issues.
Last week, Johnston headlined at Al Jazeera – the mainstream American press apparently wouldn’t touch the story – “Americans fared better after Great Depression than today“:
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Don't believe this article.. ask Joe to repost the list of companies who closed or have had significant lay offs right here in and around Salisbury...
ReplyDeleteAll the doom and gloom I read, but when I look around, everyone I see has cable TV with hundreds of channels they don't need, everyone is carrying around smart phones that they don't need, people using tablets galore, and compared to the rest of the world we live pretty darn well.
ReplyDeleteI'm not so sure how bad off we really are. If you listen to the blogs and the news we are on the edge of armageddon at all times, but when I look around, I just don't see it..
Prophets of doom have always and will always be around.Surprise!! we're still here.Skinned up a bit but still alive and kicking.
ReplyDeletePropaganda in the US.......I am shocked.
ReplyDelete