Jun
10
Robert Reich: The Stalled Recovery, Smoke and Mirrors, and the Carnage on the Street
The Dow ended the week below 12,000 for the first time since March. This is the sixth straight week of downs for the Dow. It’s almost as bad over at the Nasdaq. All the gains racked up in 2011 have now been erased.
What’s going on?
The real economy is catching up with the financial economy, as…