Video History Tab shows us how we got to this point in our economy.

I started a new blog "tab" dealing with video stories from around the year 2005.

It describes how we got to the Great Recession, and how the middle class lost so much ground. Check it out from time to time, because I'll be adding new stories as I comb through my piles of archives. Because its a page, all the videos are on one long page, unfortunately.

Here's why this page is so important, from the NY Times today:

Reasons Abound for Ebb in Job Growth: Instead, for reasons that are unclear, workers continue to peel off the labor force. An estimated 342,000 Americans dropped out of the job market altogether in April. With the average duration of unemployment now at an interminable 39.1 weeks, many people have simply given up looking for work. Because employers have learned how to produce more with fewer workers, there is also debate about what exactly “healthy” employment would look like in the current economy.

All the press has to do is look back at their own coverage. The point is we were warned in no uncertain terms. The Republican rhetoric back then is eerily similar to today's talking points. They want a redo.

Archive Economic Alert: from 2005...how we were warned.

I played the audio below on Sly in the Morning when I filled in last week, and got a request to post it here. It's eye opening stuff.

At one time, Lou Dobbs was the great defender of the middle class, and had some of the best feature stories about the downward slide taking place in America. 

Here are two audio clips that are from around 2005, illustrating just how horrible the Republican congress was, and how it brought us to this difficult point in our history.  

Here's another audio cut, a compilation and a little longer, but just as revealing: