Great economic cataclysms have in the past knocked the super rich off their stride. Our Great Recession’s deep pockets, stunning new income data show, are bucking the historical tide.
When the Great Depression hit, Congress lacked any tools with which to accurately measure just how the economy as a whole was faring.
The Great Depression taught Americans that the costs of unemployment and poverty are shared by all of us.
Roosevelt didn’t come up with all those progressive programs on his own.
The new president will inherit the financial meltdown that has begun to reach beyond the “developed” countries and into Russia, Korea and Brazil.