Jared Bernstein and Nancy Cleeland: The Self-Inflicted Recession
Mar 7, 2008 -One thing to keep in mind as we live through the pain of this deepening recession: It didn't have to happen.
Sure, recessions are part of the natural economic order, implicit in the yin and yang of the business cycle. But often they're brought on by some external shock, like a spike in energy prices.
This one, however, is different. It can be traced right back to the careless policies and…






