This is from an article by the Associated Press.
“The faster downhill slide in the final quarter of last year came as
the financial crisis — the worst since the 1930s — intensified.”

The worst since the 1930’s huh. I continue to hear this, but there is nothing to back it up. Check out the rest of the figures in the article.
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Obama is planning a new public works project similar to that of FDR’s New Deal. He has apparently done a good job studying the history of how the New Deal was implemented. He wants to raise taxes on the rich to create jobs that are out of the scope of what the federal government is supposed to do.

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