Common Ground Common Sense > CHARLES MCMILLION Economic Meltdown Deepens: Worst Since 1933

Full Version: CHARLES MCMILLION Economic Meltdown Deepens: Worst Since 1933

Common Ground Common Sense > Issues that Affect Our Lives > Job Market, Fiscal, and Economic Policies > Job Market, Fiscal, & Economic Issues Archive

Snuffysmith

Feb 18 2009, 01:01 PM

CHARLES MCMILLION
Economic Meltdown Deepens: Worst Since 1933 The Federal Reserve reports today that total industrial production declined over the past eight years for the first eight-year period since the eight years ending in 1938. The Census Bureau also reported today that new starts and new permits to build homes both plunged to the worst levels on records that start in 1959. That's on top of the worst eight-year decline in key employment measures since early in the Depression.

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