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How is this depression different than the Great Depression?
themoderatevoice.com - 3/6/2009
How is this depression different than the Great Depression?
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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 ...
Robert J. Barro: What Are the Odds of a Depression?
online.wsj.com - 3/4/2009
Robert J. Barro: What Are the Odds of a Depression?
— online.wsj.com — International evidence suggests there is a 20% chance our stock-market crash will lead to much worse.... (more) Robert J. Barro: What Are the Odds of a Depression?

Comments vote down FiveThirtyEight: Politics Done Right found this 3/4/2009found this
Op-Ed Columnist: Taking a Depression Seriously
nytimes.com - 3/10/2009
Op-Ed Columnist: Taking a Depression Seriously
— nytimes.com — If the Republicans wanted to do the country some good, they’d embrace an entirely different approach on... the economic crisis. > (more) Op-Ed Columnist: Taking a Depression Seriously

Comments vote down Daily Kos found this 3/10/2009found this
There's No Pill for This Kind of Depression
online.wsj.com - 3/13/2009
There's No Pill for This Kind of Depression
— online.wsj.com — It is six months since Lehman fell and the crash (or the great recession, or the collapse... it's time it got its name) began. An aspect of the story given less attention than it is due, perhaps because it doesn't lend itself to statistics, is the ... (more) There's No Pill for This Kind of Depression

Comments vote down No More Mister Nice Blog found this 3/13/2009found this
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Today's Obama Economy Worse Than Great Depression
gatewaypundit.blogspot.com 3/7/2009 — Several economists agree that Obama inherited a bad situation and made it much worse. Click to Enlarge Here is a chart that shows that the current economy is tracking right with the Great Depression. Here's another article by an Obama-supporting ...
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, ...
Department of Numbers — Talking Points Memo
It occurred to me reading this morning's new unemployment figures that we have to be getting within range of the raw number of unemployed we had during the Great Depression. Comparing the rate of unemployment to historical norms is fine, but in terms of sheer suffering, the actual number is ...
Debating The D-Word — The Daily Dish | By Andrew Sullivan
The AP explains the difference between a recession and a depression: By one definition, it's a downturn of three years or more with a 10 percent drop in economic output and unemployment above 10 percent. The current downturn doesn't qualify yet: 15 months old and 7.6 percent unemployment.  ...