06 January 2009

Yet one more NYT piece on the New Economy

From the NYT, natch:

As we all know, lax writing practices earlier this decade led to irresponsible writing and irresponsible reading. This simply put too many families into books they could not finish. We are seeing the impact on readers and neighborhoods, with five million Americans now behind on their reading. Some are just walking away from novels they should never have been reading in the first place. What began as a subprime reading problem has spread to other, less-risky readers and contributed to excess inventories.