The Great Recession began in December 2007 and lasted eighteen months. This was the longest economic decline since The Great Depression of 1929 to 1941. The NBER defines an economic recession as: “a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.” According to Elizabeth Warren, United States Senator from Massachusetts, in the Sat 17 Sep 2016 article,” Elizabeth Warren is still mad about the financial crash, and we should be too,” there are facts about the recession that should not be ignored. Warren’s focus is primarily on the lack of…