David Cay Johnston: America’s long slope down

[lordsummerisle]

Jun 20, 2012 15:18 EDT

A broad swath of official economic data shows that America and its people are in much worse shape than when we paid higher taxes, higher interest rates and made more of the manufactured goods we use.

The numbers since the turn of the millennium point to even worse times ahead if we stay the course. Let’s look at the official numbers in today’s dollars and then what can be done to change course.

http://blogs.reuters.com/david-cay-johnston/