susiemadrak.com - 1/21/2009
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This piece from Tomdispatch.com ties in with a friend who called me after Obama was sworn in. “So no coup or anything,” I said.
Yeah, she said.
“What if it’s so bad they didn’t even want to steal the election?” I blurted out.
“I was thinking the ...
mcclatchydc.com - 1/27/2009
tomdispatch.com - 1/20/2009
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tomdispatch.com —
The Day the Earth Still Stood What Will
Obama Inherit? By Tom Engelhardt Inauguration day! Gazillions of...
Americans descended on Washington. The rest of us were watching on TV or checking out streaming video on our computers. No one was paying ...
(more)
Tomgram: Greater Than the Great Depression?
westernfrontamerica.com - 1/28/2009
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westernfrontamerica.com —
A depression is defined as an economic condition
caused by a massive decrease in business activity, falling...
prices, reduced purchasing power, excess of supply over demand, and rising unemployment.
(more)
Hey Kids, it’s a Depression
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Uh oh
The Sideshow —
... reason there's no link to the Bush quote is that Tom's link goes to the White House site, which gave me a 404 messages saying, "The page you requested wasn't found at this location. The Obama Administration has created a brand new White House website, and it's possible that the page you were looking for has been moved." So the net-savvy Obama administration has just killed all of our existing links to the official history of the Bush administration. Dammit!) Via Suburban Guerrilla, where there are also gloomy thoughts. But shorter.
Related Content
How is this depression different than the Great Depression?
themoderatevoice.com 3/6/2009 — There, I said it. We are in a depression. Not a recession but a depression. We haven’t yet hit the textbook definition of a “depression”: a fall of GDP by 10% over three years along with a 10% unemployment rate. But we are fast approaching the official definition.
And ...
Great Depression
julescrittenden.com 3/9/2009 — A couple of comparisons, macro and micro, at the Boston Herald.
A Great Depression
neptunuslex.com 3/9/2009 — The political news is so bad these days, it’s depressing even to consider it, not to mention putting finger to keyboard. Laugh if you will about Secretary of State Hillary Clinton going to Moscow with a mislabeled “reset” gag gift, ...
Even Worse Than the Great Depression at SmartMoney.com
smartmoney.com 3/7/2009 — Over the last couple years I loved to ridicule all the scaremongers who always said this, that or the other thing is the worst since the Great Depression. I stand by my ridicule, for the most part -- those prophets of doom were mostly broken clocks ...
More on WWII and the Great Depression
corner.nationalreview.com 2/18/2009 — Megan McArdle discusses it here. And this came in last night from a historian I know:
I think you are on to something about prosperity/World War II.
WW2 created a false prosperity (with all the unemployed or formerly unemployed in the Army). The ...
Michael Barone : The Real Lessons of the Great Depression
townhall.com 2/17/2009 — "Not since the Great Depression." "Not since the 1930s." You hear those phrases a lot these days, and with some reason. As Congress prepares to pass the Democratic stimulus package, it may be worthwhile to look back at Franklin Roosevelt's New Deal ...
What's A Depression?
politics.theatlantic.com 2/9/2009 — I asked an administration official for a definition. A 5% decline in real GDP over the course of a year? Persistent unemployment, with rates above 10%? The question was meant to provoke a deeper thought, which is that the D word, as it descends upon ...
Current Job Losses: Not as Bad as the Great Depression
yglesias.thinkprogress.org 3/16/2009 — The current recession is “the worst since the Great Depression” but it’s still a good deal better than the Great Depression. Justin Fox has a chart that makes the point:
The data’s not directly comparable because farm ...
How to prevent the Great Depression of 2009
blogs.ft.com 12/30/2008 — By Roger E.A Farmer
The US recession that began in December 2007 resulted in 403,000 lost jobs in September, 320,000 in October and 533,000 jobs in November. Projections for 2009 are ominous.
Turnabouts —
Wash Post Federal Page 1/21/2009
The first sign of this historic presidential transition occurred at 12:01 p.m., even minutes before Barack Obama was sworn into office. The official White House Web site got a major face-lift.