Protracted US Economic Collapse Continues

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Feature Article by Stephen Lendman
Protracted US Economic Collapse Continues

by Stephen Lendman (stephenlendman.org – Home – Stephen Lendman)

Nothing in US history matches what's going on now — causing unprecedented harm to millions of jobless, impoverished Americans.

While politicians in Washington dither and dicker pre-and-post-election for political advantage, ordinary Americans in need are struggling on their own to get by.

Looking ahead, things are likely to worsen, not improve.

The state of the nation economically is worse than during the depths of the Great Depression.

Instead of reporting accurately on what's going on with no relief so far, corporate-run establishment media largely ignore growing hunger, homelessness and despair in the world's richest country.

For an unprecedented 35 straight weeks since last March, over one million Americans filed claims for unemployment insurance (UI) — while equity markets hover at around record-high lev
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