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Thursday, January 8, 2009 12:00 AM

W. and the damage done

President Bush inherited a peaceful, prosperous America. As he exits, Salon consults experts in seven fields to try to assess the devastation.
By Vincent Rossmeier and Gabriel Winant

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  • Thursday, January 8, 2009 08:57 AM

    Transfer of Wealth

    The largest transfer of wealth from the middle class to the upper class, in the history of the world, happened as a result of the collapse of the dot.com stock market bubble - during the Clinton administration.

    Bush has been a terrible president, but no administration can control "irrational exuberance", any more than they can control the greed of Bernie Madoff.

    —Jerome Read Jerome's other letters

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