"In the past two months, this newspaper alone has written no fewer than nine times, in news stories, columns and op-eds, that key elements of the economy are the worst they've been 'since the Great Depression.' That diagnosis has been applied twice to the housing 'slump' and once to the housing 'crisis,' to the 'severe' decline in home prices, to the 'spike' in mortgage foreclosures, to the "change" in the mortgage market and the 'turmoil' in debt markets, and to the 'crisis' or 'meltdown' in financial markets.
It's a virus -- and it's spreading. Do a Google News search for 'since the Great Depression,' and you come up with more than 4,500 examples of the phrase's use in just the past month.But that doesn't make any of it true. Things today just aren't that bad."
This over-the-top negativity is just an extension of the political and social nonsense that our Dem/Lefty/"Progressive" blowhards and their willing media accomplices have been jabbering about for the last eight years.
In other words, it's just our Usual Suspects' usual babble, this time with the focus on the economy, with the volume turned up because this is a presidential year.