Not Your Granddaddy’s Unemployment

by Don Boudreaux on November 23, 2009

in Great Depression, Standard of Living, Work

Here’s a letter that I sent yesterday to the Washington Post:

Your front-page story on talented, credentialed, and underemployed Melissa Meyer should dispel the notion that today’s economic troubles are comparable to those of the Great Depression (“In recession, one road led back home,” Nov. 22).

Photos from the 1930s show countless dejected people waiting in bread lines and living in ‘Hoovervilles.’  Your photos of Ms. Meyer show her spending her down time vacationing with her boyfriend.

Sincerely,
Donald J. Boudreaux

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