Wednesday, October 22, 2008
Worst recession since St. Reagan?I was struck by this article, US faces worst recession in 26 years by Krishna Guha Financial Times 10/19/08:
The US economy appears to be plunging into what many experts believe will be its worst recession since 1982.It's worth remembering that St. Reagan who the Republicans all idolize induced a sharp recession with his drastic cutbacks in domestic economic stimulus when he took office as President. Republicans have a way of bringing on economic disaster.
Tags: ronald reagan, us economy
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No subject for immortal verse
That we who lived by honest dreams
Defend the bad against the worse."
-- Cecil Day-Lewis from Where Are The War Poets?
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