The New Depression
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Ask any small business person around this part of Arizona if they believe we are in a depression and they will say yes.
The value of the dollar is in freefall, we create new jobs but most of them become second jobs for someone trying to survive, this gives a person a double count in the statistics, those who can't find jobs and run out of unemployment insurance are not counted, in other words the books are cook worse then the days of LBJ.
When we hear about the amount of the national debt no one tells you that a sizeable amount is to the Social Security Trust Fund. Then neocons say it is going bankrupt if so the nation must be bankrupt.

Reader Comments
  
Deleted by Mike
  
The Nation IS bankrupt financially & morally
By Mike Barack Hussein Oct 9th 2007 at 11:51 pm EDT
We are spending paper money with no backing. The average person (including babies & children) owe tens of thousands of dollars through government debt, much of it due to Bush's illegal war. Republicans WANT Social Security to fail; and even some Democrats seem warm, at best, about it.

Can't we find a new FDR to run for president?
  
Donno about depression, but certainly recession
By Cat*in*Springfield*MA Oct 10th 2007 at 4:06 pm EDT
I was amused to hear a soundbite of one of the Republican candidates at their most recent debate, think it was Romney, saying that Michigan is in a one-state recession. Businesses, some of them decades old, have been closing here in Western Mass. for years. A new report confirms what anyone who watches the local news has already intuited, that incomes are stagnent or falling, the housing market is rising beyond reach of many, and more families are homeless this year than were homeless last year. I don't know if Bush is entirely to blame, but beyond doubt he bears the greatest part of the responsibility for the nation's financial difficulties as for all its other problems. It is also indisputably true that so-called Democrats in Congress have done little but hold hearings and generate soundbites.

We do indeed need a unifier. I believe that this unifier is Al Gore. If Gore does not run, I'll vote for Kucinich - my precinct still has paper ballots, on which one may write in a candidate. I believe Kucinich would be a fine president. He does not, though, have the uniting power of Gore. Everyone I know has told me they would vote for Gore if he ran, though in the abscence of Gore, they all support different candidates. Thus, I believe Gore must run. I don't know whether he'd prove to be another FDR, but I know that only he can unify the party and bring us electoral victory.
  
Donno about depression, but certainly recession
By Cat*in*Springfield*MA Oct 10th 2007 at 4:08 pm EDT
I was amused to hear a soundbite of one of the Republican candidates at their most recent debate, think it was Romney, saying that Michigan is in a one-state recession. Businesses, some of them decades old, have been closing here in Western Mass. for years. A new report confirms what anyone who watches the local news has already intuited, that incomes are stagnent or falling, the housing market is rising beyond reach of many, and more families are homeless this year than were homeless last year. I don't know if Bush is entirely to blame, but beyond doubt he bears the greatest part of the responsibility for the nation's financial difficulties as for all its other problems. It is also indisputably true that so-called Democrats in Congress have done little but hold hearings and generate soundbites.

We do indeed need a unifier. I believe that this unifier is Al Gore. If Gore does not run, I'll vote for Kucinich - my precinct still has paper ballots, on which one may write in a candidate. I believe Kucinich would be a fine president. He does not, though, have the uniting power of Gore. Everyone I know has told me they would vote for Gore if he ran, though in the abscence of Gore, they all support different candidates. Thus, I believe Gore must run. I don't know whether he'd prove to be another FDR, but I know that only he can unify the party and bring us electoral victory.