U.S. Socialist Alexander: NBER Offers Christmas Report Regarding U.S. Recession (tags)
Alexander says “Working people have not seen any signs of an economic recovery; as many as 22 million Americans are out of work. U.S. home sales plunged to the lowest level in 15 years, millions of working people are in jeopardy of losing their homes, and jobless claims have risen to the highest levels in 9 months. The U.S. is in the deepest recession in the past 80 years and there are no signs of a recovery.”