[Jack Hydrazine]

The real unemployment rate is about 20 percent which puts us in the Great Depression era unemployment numbers. 1933 saw the number max out at 25 percent.

Then we have a GNP/GDP rate below 3% during Obama’s whole time in office. The last time that happened was during the Hoover administration (1929-1933).

[Do the math]

Many retailers in my neck of the woods have closed their doors for good. The oil companies are laying off people by the thousands. I drove by the BP offices in Houma, LA and their big parking lot was empty. More and more tug boats and supply boats are tied up with no work. Even the local grocery stores have laid off some of their delivery drivers. The economy is grinding to a halt.

One of my friends that works for the local parish government told me that there were a record number of abandoned homes last year.

I haven't seen the economy this bad since Jimmy Carter was President. The real GDP is negative, we are in a depression.