Share | CommonDreams.org

From this page you can share Our Three-Decade Recession to a social bookmarking site or email a link to the page.

Social Web	E-mail
Twitter StumbleUpon Facebook Delicious Digg Newsvine Google Yahoo Technorati	Your Email: * Your Name: * Send To: * Enter multiple addresses on separate lines or separate them with commas. You are going to email the following: Our Three-Decade Recession Message Subject: (Your Name) has forwarded an article to you from CommonDreams.org: Our Three-Decade Recession Message Body: (Your Name) forwarded this article to you from CommonDreams.org. Sign up here if you would like to receive daily news from CommonDreams.org. Your Personal Message: *
Our Three-Decade Recession The news media and the government are fixated on the fact that the U.S. economy may be headed into a recession -- defined as two or more successive quarters of declining gross domestic product. The situation is actually much worse. By some measures of economic performance, the United States has been in a recession since 1975 -- a recession in quality of life, or well-being. How can this be? One first needs to understand what GDP measures to see why it is not an appropriate gauge of our national well-being.

Social Web

E-mail

Twitter
StumbleUpon
Facebook
Delicious
Digg
Newsvine
Google
Yahoo
Technorati

Our Three-Decade Recession

The news media and the government are fixated on the fact that the U.S. economy may be headed into a recession -- defined as two or more successive quarters of declining gross domestic product. The situation is actually much worse. By some measures of economic performance, the United States has been in a recession since 1975 -- a recession in quality of life, or well-being.

How can this be? One first needs to understand what GDP measures to see why it is not an appropriate gauge of our national well-being.