The Great Recession, One Decade Later

In December 2007, the U.S. marked the beginning of its longest recession since World War II. Now the Consumer Financial Protection Bureau, an agency born in the ashes of the nation's economic downturn, is under new leadership that promises big changes. Meanwhile, a tax plan speeding through Congress could have far-reaching effects on the economy, well beyond taxes. On paper, the U.S. economy looks robust. But for whom, and for how long? This week, Annie Lowrey and Alana Semuels join our hosts to look at what's happened in the decade since the Great Recession, and what's happening now. What lessons have we learned from the crisis? And which are we doomed to repeat? Links: - "The Never-Ending Foreclosure" (Alana Semuels, December 1, 2017) - "The Great Recession Is Still With Us" (Annie Lowrey, December 1, 2017) - “The GOP Targets America’s Most Loved and Hated Tax Break” (Alana Semuels, November 2, 2017) - “The U.S. Isn’t Prepared for the Next Recession” (Annie Lowrey, October 31, 2017) - “Mick Mulvaney Is Pretending Everything's Totally Normal at Work” (Gillian B. White, November 28, 2017) - “Could a Tax Fix the Gig Economy?” (Alana Semuels, November 6, 2017) - “Trump Says His Tax Plan Won't Benefit the Rich—He's Exactly Wrong” (Annie Lowrey, September 29, 2017) - "Could a Memo by Christina Romer Have Saved the Economy?" (John Hudson, February 22, 2012) - “The Fight Over the CFPB Reveals the Broken State of American Politics” (David A. Graham, November 28, 2017) - "The Shadow of the Stimulus" (Ross Douthat, February 1, 2009) - "Return of the Shopping Avenger" (Jeffrey Goldberg, December 1, 2009) - The Half Has Never Been Told (Edward Baptist) - The Unwinding (George Packer) - "The Nutshell Studies" (Katie Mingle, 99 Percent Invisible) - "The Reason This 'Racist Soap Dispenser' Doesn't Work on Black Skin" (Max Plenke, Mic.com, September 9, 2015) Learn more about your ad choices. Visit megaphone.fm/adchoices