[dragonwriter]

There's mixed perspectives on this because in aggregate top line terms it was relatively soft but in distributional terms both the 2001 recession and the subsequent expansion up to the Great Recession were abysmal for all but a very narrow slice at the top (which—on a higher level than the particular housing-related financial shell games that get the most focus, whuch really were just one of the ways the underlying dysfunction was papered over with debt—is pretty much the main cause of the Great Recession.)

[hammock]

>the 2001 recession ...was abysmal for all but a very narrow slice at the top

On what are you basing this conclusion?