Why the Recovery Isn’t Working

In Great Recession, inequality, Poverty on June 3, 2011 at 11:45 am

I was fortunate enough to hear Harold Meyerson speak yesterday at the National Employment Law Project’s “Transforming Communities” conference in Flint, Michigan. For those not familiar with Meyerson, he is an Editor-at-Large for American Prospect and columnist for the Washington Post (more on his bio here). I was blown away by his speech and how eloquently he articulated why the economic recovery is failing and what we need to do fix it. I will write more on this later, but for a great summary of his major points and ideas, check out a fantastic piece he wrote for the American Prospect entitled Business is Booming. Of course, as he told the audience, he likes to kibbitz about the economy with friends at lunch and is constantly told he is too much gloom and doom. This article confirms that–no sunshine and rainbows here–but can really afford not to face the music?


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