By Patrick J. Buchanan Barack Obama, it is said, will inherit the worst times since the Great Depression. Not to minimize the crisis we are in, but we need a little perspective here. The Great Depression began with the Great Crash of 1929. By 1931, unemployment had reached 16 percent. By 1933, 89 percent of stock value had been wiped out, the economy had shrunk by one-third, thousands of Continue reading...
Obama’s Choice: FDR or Reagan
Friday - January 9, 2009 at 2:00 am
Filed Under: Columns Tagged With: Barack Obama, Depression, Franklin Delano Roosevelt, Ronald Reagan
!


