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>>>Biden: “It's A Depression For Millions And Millions Of Americans”<<< When is it not a Recession but a Depression...What do you think?

XENON23 2012/06/27 18:18:16
Are some places in a Depression? Are some in a Recession? Are we seeing the end of bad times or are we just in a lull in the storm we call bad economic time?

I know that some parts of the nation have seen what could be called a Depression but not the whole of the nation. Some are just not doing as well or are just in debt.

Read More: http://www.buzzfeed.com/zekejmiller/biden-its-a-de...

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  • Torchmanner ~PWCM~JLA 2012/06/27 21:59:28
    Torchmanner ~PWCM~JLA
    +1
    It's a liberal Democrat created and maintained depression.
  • mike 2012/06/27 21:29:09
    mike
    +2
    Gee joe, you and your boss o-bamboozler said you had the answers for the fix, you had the house of representatives, you had the senate and you have the presidency, and you failed. You clowns need to get out of the way now.
  • ETpro 2012/06/27 18:48:08
    ETpro
    +1
    If we slide back into recession, which will certainly occur if we maintain the Republican Roadblock Congress, then I think economist, Paul Krugman has it right, it's the third Great Depression.
  • XENON23 ETpro 2012/06/27 19:55:44
    XENON23
    Both parities share the blame. This mess is not the fault of one party but the war of ideology of economics that has and is being fought by both parties. We have an all capitalistic (with out social help for the poor) that the republicans of the hard right want any more than we can have an all socialistic state run country. Both of those extremes are going to fail. what might work is a plan that help the poor and encourages capitalism so we can pay for the other side i. e. the poor. Some how we must stop the hate and work for a plan that has compromises that all can live with.

    At this time we stand as a house divided.
  • Torchma... ETpro 2012/06/27 21:55:26
    Torchmanner ~PWCM~JLA
    +1
    It was Democrats who got us into this mess with the Franks/Clinton mortgage meltdown. Democrats don't have a clue when it comes to economics. We would have been out of the Democrat recession if not for the obaaaama regime failed policies and stimulus. There should have been NO bail outs, and NO stimulus. Bush did a bail out too.
    History is evidence that free market Capitalism works and communism fails.
  • gr8punkin 2012/06/27 18:38:59
    gr8punkin
    +2
    Joe seems to be a great spokesman for why Obama needs to lose in November.
  • maggiemay 2012/06/27 18:26:29
    maggiemay
    +2
    Joe's off the reservation again I see.

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2013/05/22 02:48:29

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