This letter is associated with the following article:
Letters
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.
By Andrew Leonard

Read other letters about this article

  • Wednesday, April 2, 2008 07:13 AM

    Not Depression - Hyperinflation!

    Our government has provided tax-cuts for the rich, "trickle-down". At the same time, the economy has sustained itself on spending, "trickle-up". Now, the rich have money and all the rest have debt. It seems to me that the only way out of this mess is to pay-off the debt with "cheap money".

    Can you spell h-y-p-e-r-i-n-f-l-a-t-i-o-n ?

    —pds6123456 Read pds6123456's other letters

    Flag
Read other letters about this article

Most Active Letters Threads

725

The commendably missing element from Obama's speech

There was no pretense that human rights is our goal, or the likely outcome, in escalating the war
Glenn Greenwald Read article
688

Obama's exceedingly familiar justifications for escalation

The "new" approach to Afghanistan touted by White House officials seems quite old
Glenn Greenwald Read article
329

Yes, it's Obama's war now

An uninspiring speech sells a dubious policy, but progressives who feel betrayed have only themselves to blame
Joan Walsh Read article
256

America's regression

It's almost impossible to find a nation with as many torture advocates as the U.S. has.
Glenn Greenwald Read article
183

The poster boy for progressive self-delusion

Read Hayden's 2008 Obama endorsement to remember the way the left sold our centrist president to itself
Joan Walsh Read article

View all »

Letters Help

Currently in Salon