gatewaypundit.blogspot.com - 3/7/2009
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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 economist who is disillusioned with the ...
smartmoney.com - 3/7/2009
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smartmoney.com —
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)
Even Worse Than the Great Depression at SmartMoney.com
themoderatevoice.com - 3/6/2009
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themoderatevoice.com —
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 ...
(more)
How is this depression different than the Great Depression?
eschatonblog.com - 3/10/2009
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eschatonblog.com —
Sadly I think they're still being somewhat optimistic.
March 10 (Bloomberg) -- The U.S. jobless rate will
reach 9.4 percent this year and remain elevated through at least 2011, threatening the nation’s longer-term growth potential, a monthly ...
(more)
Going to Be Worse
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Larwyn's Link Kerplosion: "Radicalism is killing the Dow"
Doug Ross @ Journal —
Have a great link you'd like me to review? Drop me an email! [image] The unfortunate relevance of Atlas Shrugged : Instapundit Contradiction of Socialism (I have seen America's future) : Cube Newspaper stock wrapup : Hoystory One vote short : Power Line Obama's safety net: the teleprompter : Politico Chavez calls on Obama to follow him to socialism : Gateway Our economy: worse than Great Depression? : Gateway The Beatles seem especially timely : Blackshards File under "What if Bush had...?" : ...
The Coming Crack Up
Classical Values —
The Coming Crack Up I'm not talking about the economy. That is already done for. I'm talking about Obama's coming crack up. A commenter at Gateway Pundit makes an interesting observation. He thinks we're all idiots who will swoon over him for eight straight years. Even so, he's starting to have a kind of permanent sheen of flop sweat and the beginnings of fear gnaw at him. The British will never forget that he was the first American president to refuse to take questions from their reporters. This is because he has no answers. At some point he'll be cornered and forced to ...
Related Content
Video: From Bad to Worse...
marketnewslive.blogspot.com 2/24/2009 — 02/24/09 Economists project the economy will get worse this year than thought as consumer spending declines.
Video - Obama: Economy 'bad and getting worse'
politicalnewslive.blogspot.com 1/6/2009 — President-elect Barack Obama declared the national economy was 'sick' Monday as he began crisis talks with congressional leaders on emergency action. Mark Smith reports from The White House.
Great Depression
julescrittenden.com 3/9/2009 — A couple of comparisons, macro and micro, at the Boston Herald.
Obama warns economy to get worse
msnbc.msn.com 12/7/2008 — The economy will get significantly worse before it starts to improve, President-elect Barack Obama said, seeking in an interview broadcast Sunday on NBC’s “Meet the Press” to tamp down expectations as he prepares to assume the presidency in 44 days.
Worse Than Expected on the Economy
tpmcafe.talkingpointsmemo.com 2/27/2009 — Keep your eyes on the gap between what the economy could produce at full employment and the paltry level of aggregate demand (consumers plus businesses plus exports). That's why the stimulus is too small -- and why my bet is the President will be back ...
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, ...
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 ...
From Bad to Worse
corner.nationalreview.com 4/29/2009 — GM's new proposal, clearly produced under government duress, is worse than virtually any of the alternatives. It would give GM to the UAW and the U.S. government and make taxpayers pick up the bills. Of course, billions more from government would be ...
Obama's weekly address
(Politico) —
Yahoo! News: Politics News 3/7/2009
Politico - Balancing mounting concerns on Capitol Hill about government spending with those of many Americans about the nation's economic prospects, President Barack Obama used this week's Saturday address to stress the net reduction in domestic ...
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