Robert Reich: 2009: Wall Street bounced back, Main Street got shaftedQuicklink submitted by Joan Brunwasser Permalink
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|The real locus of the problem was never the financial economy to begin with,& the bailout of Wall Street was a sideshow.The real problem was on Main Street,in the real economy. Before the crash,much of America had fallen deeply into unsustainable debt because it had no other way to maintain its standard of living. That's because for so many years almost all the gains of economic growth had been going to a relatively small #|
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