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Tuesday, November 20, 2012

Obama’s Prolonged Recession

Since the beginning of the 20th century, only two recessions in this country have endured more than two years: the Herbert Hoover /  Franklin Roosevelt New Deal (twelve years) and Barack Obama’s (four years).  In both cases, the most important negative factor was, and is, the anti-business, pro-socialism character of the Democrat/Socialist Party regime in power.