As people liken this extended recessional period to the Great Depression, one can not help but draw a parallel between Franklin Delano Roosevelt and Barack Obama. At a press conference held on July 23, 2010, Obama characterized the state of the present U.S. economy as ‘worst recession since the Great Depression’.
Such statements whet the appetites of the mealy mouthed troglodytes of the fourth estate as they scurry off to their respective caves to grind whatever axe they possess in preparation for their defense or attack on the 44th President.
It was Benjamin Disraeli who proclaimed there are lies, damn lies, and statistics. Disraeli assertion appears valid as evinced by Economy theorists and pundits who can and will present statistical data in support of their glass being half empty or half full presentation.