“....found that while the U.S. Northeast was largely spared from the economic fallout in the years ***after*** the Great Recession, the....”
Besides the ridiculous “after” as though it is a past event, the fact is that I assure you that NY and NJ (”northeast” as far as I’m concerned) are faring very poorly in this Depression. Many of the jobs we lost either went to southern states or to southern Asia; they will not return if there is a recovery. The infrastructure is crumbling further because there is no money to fix anything; potholes go unfilled, stop signs are obscured by foliage (public works employees had weaker bargaining power than teachers and cops, so they went first), companies continue to leave...
One silver lining to this is that it puts ALL of these states in play; Obama is going to have to campaign in states that should have been a shoe-in.
You are absolutely right. Tens of thousands of regular every day (non fat cat) workers lost their jobs in the banking and Wall Street industry. Jobs that aren’t coming back ever. Home values in NJ have plummeted. Obama’s agenda is to deliberately destroy the net worth of hard working American families. I despise the evil SOB