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Saturday, November 2, 2024

Biden: “This is a Depression”, Not a Recession

Biden: "This is a Depression", Not a Recession

Courtesy of George Washington

Joe Biden said yesterday:

My grandpop used to say … "When the guy in Minooka’s out of work, it’s an economic slowdown. When your brother- in-law’s out of work, it’s a recession. When you’re out of work, it’s a depression.”

[Asked how he views it, Biden responded:] Well, it’s a depression. It’s a depression for millions of Americans, through no fault of their own.
 

Before you decide whether Joe is just shooting his mouth off again, read this, this and this.

 

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