Friday, December 30, 2011

ECONOMY - America 2011

"How the U.S. Economy, Americans Fared in 2011" PBS Newshour 12/29/2011

Excerpt

RAY SUAREZ (Newshour): One of the main issues of the election season under way is the sluggish state of the economy. Things are not nearly as bleak as they were at the depths of the recession, but, for many Americans, it's going to be a long road back to financial health and to the kind of prospects they once believed they had.

NewsHour economics correspondent Paul Solman saw this extensively in his coverage of the past year, part of his reporting on Making Sense of financial news.



COMMENT: Talk about "not getting it," Terry Savage (The Chicago Sun-Times) in the video is a perfect example.

She, and other blind conservatives, do NOT want to see the ever-widening gap between the top-1% and the rest of us as a problem. It's that gap that will not go away. It will continue to grow and can accelerate (as it did in 2010-2011) in the future.

Yes, our economy will recover (although not soon) but the gap will still be there and growing.

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