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It's official: This economic crisis is worst since the Great Depression
Workday Minnesota ^ | 8 July 2009

Posted on 07/09/2009 9:26:05 AM PDT by McGruff

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Let's see. In Wag the Dog they invaded some little country. Honduras, watch your back.
1 posted on 07/09/2009 9:26:05 AM PDT by McGruff
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To: McGruff
I think they played around with the definition of the start of a recession to move it back a quarter or two earlier in 2008 just to make President Bush look worse. Did the other recessions they compared it to keep the "two quarters of shrinkage" as the start, or did they apply the new definition to those too?
2 posted on 07/09/2009 9:29:11 AM PDT by KarlInOhio (Fannie Mae, Freddie Mac, AIG, Chrysler and GM are what Marx meant by the means of production.)
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To: McGruff

During the Great Depression they had the Great Commie making things worse for everyone except his buddies. This time we only have that Pinko Punk doing the same thing.


3 posted on 07/09/2009 9:30:09 AM PDT by magslinger (Inside every father is a Bryan Mills waiting to get out.)
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To: McGruff

How can it be the longest and worse? Obama has only been in office 6 months!!


4 posted on 07/09/2009 9:31:12 AM PDT by stuartcr (Everything happens as God wants it to...otherwise, things would be different.)
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To: McGruff

Well, I could tell that a long while back... It was only a particular and select group of posters who were in continuous denial of this being the case, citing the reason that no one could really believe anything being reported from the MSM and they were simply trying to get us to believe something that wasn’t true in the first place... LOL...

Even the MSM can report some information that is factual from time to time... :-)

Remember (and in reference to the MSM, too...) a *good lie* is one that is about 98% true and it’s only about 2% of it that is false. That’s what makes it a good lie...


5 posted on 07/09/2009 9:35:03 AM PDT by Star Traveler (The God of Abraham, Isaac and Jacob is a Zionist and Jerusalem is the apple of His eye.)
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Comment #6 Removed by Moderator

To: KarlInOhio

The current recession is the fault of a democrat Congress starting in 2006. Thats a fact jack.


7 posted on 07/09/2009 9:36:05 AM PDT by Danae (Conservative does not equal Republican. Conservative does not compromise.)
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To: McGruff

Unemployment-wise, it is still not as bad as 1982. And interest rates and inflation are about 1/4 of what they were then.


8 posted on 07/09/2009 9:39:03 AM PDT by FreepShop1
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To: McGruff

I’m so glad that we mortgaged our future on the bailout scam. Think of how bad things would be if we hadn’t done it immediately. < /sarc >


9 posted on 07/09/2009 9:40:13 AM PDT by a fool in paradise (There is no truth in the Pravda Media.)
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To: KarlInOhio
I think they played around with the definition of the start of a recession to move it back a quarter or two earlier in 2008 just to make President Bush look worse.

Republicans better learn to inform people that the Dems have been in charge of congress since the 2006 elections. Credit where credit is due.

10 posted on 07/09/2009 9:40:51 AM PDT by armymarinemom (My sons freed Iraqi and Afghan Honor Roll students.)
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To: JackRyanCIA

A Pinko is a Commie. Just not as good at it as a real red like that FDR.


11 posted on 07/09/2009 9:41:06 AM PDT by magslinger (Inside every father is a Bryan Mills waiting to get out.)
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To: KarlInOhio

The stock market tanked when Barack Obama got appointed by the media in February 2008. The writing was on the wall.


12 posted on 07/09/2009 9:41:25 AM PDT by a fool in paradise (There is no truth in the Pravda Media.)
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To: McGruff
All's I can say is 0bama the TOTUS had better not fire up the teleprompter and blame the GOP and or Bush.

As a congressional report just released says differently.

I am guessing 0bama will (as he has already done this countering Biden's MISREAD words and blamed Bush)

When he does reporters HAD BETTER severely question how he can blame the GOP or Bush when a congressional report has said otherwise. Obama lied about the last stimulus; he needs to act like a leader and not a radical elitist governing so far left we look communistic and cease the blame game or resign the Presidency. (Which he will never do) so someone had best call for impeachment for his firing of IG Gerald Walpin-for starters...

13 posted on 07/09/2009 9:42:12 AM PDT by Dubya-M-DeesWent2SyriaStupid!
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To: McGruff
From the article:
• “While the labor market shed 5.7 million jobs since the start of this recession, in those 16 months, the population continued to grow. Just to keep up with growth, the economy must add approximately 127,000 jobs every month. Two million jobs should have been added over this period. In other words, the economy is now almost 8 million jobs below what is needed to maintain pre-recession employment levels.”
Meanwhile, foreign workers are still arriving with work visas at the rate of 140,000 per month, and the Free Traitors are still petitioning for more and more.

Even if the economy could create 127,000 jobs per month, the foreign work visa workers would get all of those, plus displacing an additional 13,000 American citizens per month.

14 posted on 07/09/2009 9:42:24 AM PDT by meadsjn
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To: McGruff
Nice to send as an email link to folks who still whine about Bush.
15 posted on 07/09/2009 9:42:43 AM PDT by armymarinemom (My sons freed Iraqi and Afghan Honor Roll students.)
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To: stuartcr

6 months ago, I couldn’t spell President, now I are one....


16 posted on 07/09/2009 9:44:09 AM PDT by thinking
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To: thinking

...of these 57 states...


17 posted on 07/09/2009 9:45:11 AM PDT by magslinger (Inside every father is a Bryan Mills waiting to get out.)
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To: a fool in paradise

Obama is saying that the economy that he inherited is far worse than previously thought, even though he was calling it the great depression when he “inherited” it and he had to jam through the stimulus without anyone reading it because we would all be dying on the streets of starvation if not!


18 posted on 07/09/2009 9:45:39 AM PDT by Boardwalk
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To: KarlInOhio; McGruff

The whiz kids in the media and the ivory towers defined the recession as having started in December 2007.
Seems to me no one was calling it that until the Spring of 2008.

I would also say that we have been in a Depression since the beginning of 2009.


19 posted on 07/09/2009 9:47:07 AM PDT by Osnome (Moderation in all things)
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To: McGruff
Welcome to the UNITED SOCIALIST STATES OF AMERICA. If you want to see it in action go to to the Dish network HD channel 9414 called democracy now or free speech TV. It will curl your hair. I called Dish net work 1-800-333-3474. You will have to insist on speaking to a supervisor to complain. Also write to the ceo Charlie Urgen 9601 S. Meridian Blvd. Inglewood Co. 80112
20 posted on 07/09/2009 9:49:05 AM PDT by G-Man 1
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