This letter is associated with the following article:
Letters
Wednesday, April 2, 2008 12:00 AM

The Great Depression: The sequel

Is it coming to a soup kitchen near you? Here's how we'll know if the current recession is turning into something much worse.
By Andrew Leonard

Read other letters about this article

  • Wednesday, April 2, 2008 12:33 AM

    not even close

    We may be nearing a depression but Andrew Leonard's article is not convincing. It is another left leaning attempt to blame republicans from Reagan to G.W. Bush for all our problems. Don't forget we had 8 years of Clinton who handed off a faltering ecconomy to Bush. It's hard to blame the government for our over spending. (credit card debt) 24% unemployment is a far cry from 4.8%. Stocks down 90% compared to around 12%. Let's not jump the gun and freak out, there will be plenty of hard times without claiming this is the sequel to the Great Depression ... yet.

    —mt14497 Read mt14497's other letters

    Flag
Read other letters about this article

Most Active Letters Threads

657

Obama's exceedingly familiar justifications for escalation

The "new" approach to Afghanistan touted by White House officials seems quite old
Glenn Greenwald Read article
543

The crazy, irrational beliefs of Muslims

Tom Friedman explains the real problem: stupid Muslims think the U.S. is about war and aggression.
Glenn Greenwald Read article
437

The face of rotted Washington

Evan Bayh demands more debt-financed war - fought by others - while boasting that he's a stern "deficit hawk."
Glenn Greenwald Read article
208

Bigotry wins in Switzerland

By voting to ban the construction of minarets, Switzerland apes the most extreme intolerance in the Muslim world
By Juan Cole Read article
149

Mike Huckabee's fatally bad judgment

Brutality by another Huck-pardoned criminal suggests the 2012 GOP hopeful listened more to pastors than prosecutors
By Joe Conason Read article

View all »

Letters Help

Currently in Salon