| Could You Survive Another Great Depression? By Dr. Paul Kengor, FloydReports.com |
| I just read two very interesting articles on the U.S. economy, written from historical perspectives. They compelled me to share my own historical perspective. And what I want to say is more about our changing culture than our economy. One of the articles, by Julie Crawshaw of MoneyNews.com, notes that the “Misery Index”—the combined unemployment and inflation rates—made infamous under President Jimmy Carter, has hit a 28-year high. It’s also 62 percent higher than when President Obama took office. But that’s nothing compared to Mort Zuckerman’s article in U.S. News & World Report. Zuckerman measures the current situation against the Great Depression. He writes.... |
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