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Wednesday, April 2, 2008 12:00 AM

The Great Depression: The sequel

Is it coming to a soup kitchen near you? Here's how we'll know if the current recession is turning into something much worse.

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  • Wednesday, April 2, 2008 10:10 AM

    Let's compare ourselves to West Europe now

    Their economies are better; their currencies are stronger; their people are better off than Americans. They have good free education and health care plus at least four weeks of paid vacation and good affordable or free child care.

    Their problems with immigrants get lots of publicity, but those problems are far smaller than our own struggles over immigration and minority status.

    We are much closer to collapse than the Europeans, and we are at deeper in debt, more violent, less happy. What have they done differently since World War II? Answer: Europe took a more socialistic, more humane approach.

    We have quite a long way to go just to catch up with France. This is true, no matter how much right wingers may be outraged to read it.

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