Aughts were a lost decade for U.S. economy and workers. For most of the past 70 years, the U.S. economy has grown at a steady clip, generating perpetually higher incomes and wealth for American households. But since 2000, the story is starkly different. The past decade was the worst for the U.S. economy in modern times, a sharp reversal from a long period of prosperity that is leading economists and policymakers to fundamentally rethink the underpinnings of the nation's growth. Meanwhile, some of the administration's remedies might be making things worse: U.S. Loan Effort Is Seen as Adding to Housing Woes. [more inside]
posted by VikingSword on Jan 2, 2010 - 69 comments

Have you helped name the next decade yet? I personally prefer 'the empties'.
posted by grant on Nov 20, 1999 - 1 comment