Why is it that The Star and other news organizations never challenge the statement used by politicians and liberals alike when describing our current economy as the “worst since the Great Depression?”
Do you not remember the double-digit inflation and double-digit interest rates of the Carter years??
True, we are in a real recession, as we have been several times since the Great Depression. However, to call this the worst simply is not true.
But don’t worry. The statement about the economy being the “worst since the Great Depression” will eventually come true as President Obama guides us into the depths of economic hell. But even that will take 12 to 24 months.