Krishna, Kala; Roy, Suddhasatwa; Thursby, Marie - 1996
where we began
one year ago.
4 | Economic Report of the President
Last January, years of irresponsible risk-taking and debt …, pensions, and home values plummeted.
Our gross domestic product was falling at the fastest rate in a quarter
century. The flow … very wealthiest were approved without paying for any of
it, leaving behind a mountain of debt. And while Wall Street …