The economy is improving — or so headlines tell us almost every day. But is that true? The answer to that question depends on the time frame used for comparison, whether inflation is taken into account and how you measure improvement. News reports tend to focus on the short term — on yesterday, on last year compared with the year before. But look back farther in time and an overwhelming case can be made that the vast majority of Americans are worse off. Indeed, coming out of the Great Depression eight decades ago, the vast majority fared vastly better […]

Click here to view original article Americans fared better after Great Depression than today