Shrill

Dean Baker is shrill:

The first Great Depression was the result of a decade of failed policies, not a single bad mistake at its onset. There was absolutely nothing that we could have done back in September-October of 2008 that would have required that we experience a decade of double-digit unemployment. The specter of a “second great depression” is a fairy tale invented by the bank lobby to make the rest of feel good about having given them our money.

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