 10 Songs for the New Depression is the twenty @-@ first studio album by American singer @-@ songwriter Loudon Wainwright III , released in July 2010 through Proper Records . Released forty years following his first studio album , 10 Songs is Wainwright 's first album since his Grammy Award @-@ winning tribute project High Wide & Handsome : The Charlie Poole Project ( 2009 ) . The concept album was inspired by the late @-@ 2000s global financial crisis and recession , and features Wainwright backed by his own banjo , guitar and ukulele performances . 
