8.12.11

Seattle Times article: The Great Recession's toll: Tallying the impact in the Northwest

For most of us, Washington's economy has never been this bad. Since the mortgage bubble popped we've lost more jobs faster, and recovered more slowly, than at any time since the Second World War. That includes iconic slumps such as the Boeing Bust, the early-'80s double-dip and the dot-com crash barely a decade ago. As these charts and graphs show, the recession has fallen hardest on people in the lower-middle and working classes -- folks who were just getting by or maybe starting to make some headway when the bottom fell out. Statistics can't capture the pervasive sense of economic dislocation the slump has engendered. But they can at least help us understand what's happening and to whom.


1 comment:

  1. Just wait until inflation hits and interest rates rise. Then we're going to have a real buggaboo on our hands.

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