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Showing posts with the label Worst Decade Since the Great Depression

The Lost Decade (2000 to 2010)

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The bar graphs to the left reveals some sobering numbers. It is certainly obvious the first decade of the twenty first century was, by historical standards, an economic failure. At least when measured by the standard of growth in employment and the GDP. Anyone with a sense of what this means to the American worker, businessman, and government should be concerned for the future health of our nation and its people. For sixty of the past seventy years the United States economy has grown. This growth generated higher incomes for the American family and increased wealth for American households. The report card for the first decade of this century is  starkly different. An article in The Washington Post today details these troubling statistics, and what they mean to American livelihood. Rational Nation USA will bullet key points here but suggests a reading of the full text of the article. It is without doubt the political pundits from both sides of the failed congres...