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Feature Article by Stephen Lendman
Ignoring the Greatest US Great Depression
by Stephen Lendman (stephenlendman.org – Home – Stephen Lendman)
Instead of explaining the dire state of things in the US, West and elsewhere — Main Street economies in collapse — establishment media pretend otherwise.
One example among many was from the NYT in late January, saying:
"(N)ew injections of government aid into the economy and of vaccines into people's arms should power a much stronger recovery in 2021 (sic)."
Reality in the US and elsewhere is worlds apart from the above rosy scenario.
Paul Craig Roberts asked if a US economy still exists — no longer, he stressed for clear reasons.
He lists a menu of them, including the offshoring of industrial America — millions of high-pay, good benefits jobs and investments gone to low-wage countries.
What remains for most working Americans at a time of high unemployment are largely low-pay service jobs
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