What has been extraordinary to watch over the past 30-40 years is the way in which, when economic crisis strikes, the political and economic leadership of the country leaps into the breach to lend a hand–not to the regular people who suffered the most but, rather, to the very institutions and economic elites who […]
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Jonathan Tasini's Ruminations on Work, The Economy, and PoliticsTag Archive | "Main Street"
Wall Street Recovering Faster Than Main Street
Posted on 17 October 2009.
There is no recovery for Main Street, no matter how many people are on their knees looking for "green shoots". It is phony rhetoric–and even the left-wing Financial Times grasps the problem. The paper’s front-page article today is headlined "Goldman and Citi highlight divide", with the article’s subhead reading, "Wall Street recovering faster than […]
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