Comparing The Great Depression To The Great Recession [Infographic] - Business Insider
Marvin Jackson worked on a fan gear motor on Wednesday, March 28, 2012 at Big Ass Fans at 2425 Merchant St. in Lexington, Ky. This is for a profile about Big Ass Fans CEO Carey Smith. The profile will mainly be keyed into the company's decision to not lay people off during the Great Recession and how the company has been been growing quickly. Photo by David Perry
The Great Recession of 2008 is all too well known to a great many people. Much of the blame was placed on the collapse of the home mortgage market, and, at least superficially, that might be true. But what was behind that debacle? Read "'The Big Short' dissects a financial meltdown" and watch a clip from the film at http://www.smartwomensempowerment.org/the-big-short-dissects-a-financial-meltdown/.
Generation Y In Canada: Millennial Dreams Hijacked By Unflinching Reality Of The Great Recession Call it Generation Interrupted. Bystanders to the economic train wreck of the Great Recession, members of Generation Y have acutely suffered the aftershocks and a painful recovery four years in the making.
Inequality has risen sharply over the last several decades. While there has been sufficient economic growth, people at the uppermost rungs of the income ladder have claimed most of the growth in wages, a larger share of national income, and a staggering amount of wealth. This is the primary reason why over the last decade, lower- and middle-income Americans have experienced wage stagnation and falling incomes.