Submit a Story!
Greater Than The Great Depression?
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 ...
Congressional Budget Office compares downturn to Great Depression
mcclatchydc.com — The nation's current recession is likely to be the longest since World War II, and by some... measures could be the worst since the Great Depression, a new Congressional Budget Office forecast said Tuesday. (more) Congressional Budget Office compares downturn to Great ...
Tomgram:  Greater Than the Great Depression?
Tomgram: Greater Than the Great Depression?
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?
Hey Kids, it’s a Depression
Hey Kids, it’s a Depression
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
Comments
Blog Reactions

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.
- Column -- Michael Barone -- The Real Lessons Of The Great Depression
caglepost.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 ...
TurnaboutsWash 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.
How long will Obama honeymoon last?msnbc.com: Politics 1/21/2009
As Barack Obama takes the oath of office, there is evidence that, as enthusiastic as the public is about the change in power, there are no expectations of quick fixes.
Obama orders suspension of prosecution at GitmoCNN Political Ticker 1/21/2009
GUANTANAMO BAY, Cuba (CNN) — In one of his first acts in office, President Obama has ordered the U.S. government to suspend prosecutions of prisoners at Guantanamo Bay for 120 days, a military spokesman said Tuesday.  ...
To celebrate Obama, Hollywood comes to WashingtonCNN Political Ticker 1/21/2009
WASHINGTON (CNN) — It's unlikely President Obama will stop by, but for Hollywood fans the Ibiza nightclub is the hottest ticket in Washington tonight. A star-studded group strolled the heated red carpet at the Recording Industry Association of ...
Obama Seeks Halt to Legal Proceedings at GuantanamoWash Post Obama Administration 1/21/2009
GUANTANAMO BAY, Cuba, Jan. 20 -- In one of its first actions, the Obama administration instructed military prosecutors late Tuesday to seek a 120-day suspension of legal proceedings involving detainees at the naval base at Guantanamo Bay, Cuba -- a ...