Walker's World: Our Great Depression
Washington (UPI) Dec 3, 2008 - Two wholly predictable verdicts came in this week that between them suggest it's time to drop all these tired comparisons with the 1930s. As car sales collapse 30 percent to 40 percent and California goes broke, this is fast becoming a Great Depression of our own. The National Board of Economic Research formally declared that the United States is in a recession and has been for a year. ... more