If you had to date the Great Recession, you might say it started in September 2008 when Lehman Brothers vaporized over a weekend and a massive mortgage-based Ponzi scheme began to go down. By 2008, however, the majority of American workers had already endured a 40-year decline in wages, security, and hope -- a Long Recession of their own.The Huffington Post
Down Is a Dangerous Direction — How the 40-Year "Long Recession" Led to the Great Recession
Barbara Garson | Author, 'Down the Up Escalator: How the 99% Live in the Great Recession'
(h/t Clonal in the comments)
Also KPFA Podcast: Barbara Garson with Richard D. Wolff
(download until May 10, 2013)
