As originally published by the History News Network and conducted by Robin Lindley
“I began work on the book in the fall of 2009. Like everybody else at that time, I was troubled by what had happened to America: the financial collapse, the housing boom and bust, all of the foreclosures, the rising unemployment, the fear that we were in for another round of depression — not recession. I had done a number of PBS documentaries and mini-series on subjects such as Wall Street, Wal-Mart, off-shoring of jobs, healthcare, and retirement, but I had never tackled the housing sector.”
“So I was interested in understanding the housing bubble and bust, and that led me into the banking system and how it works and the Wall Street collapse. As I came to understand what was going on, I saw parallels with the work I had previously done on healthcare, on retirement, on job off-shoring, on global competition with Asia and with Europe. I began to see a pattern and I decided I needed to do something bigger, to go beyond the housing issue and look at what had happened to the economy and the middle class in general.”
See the rest of the interview here.
Tags: Op-Eds & Reviews