What’s very odd about all the invocations we’ve seen of the Great Depression and the New Deal, for all the “forewarned is forearmed” conventional wisdom, the current administration has gone completely Hoover-Mellon on us, which is to say billions for the banks but pennies for everyone else. Nearly 80 years later, after Hoover, after the New Deal, after Ronald Reagan, they’re still waiting for the miraculous “trickle down.” Fellahs: it doesn’t trickle. Stop projecting your prostate problems on the working stiffs of America.

…I’ve given up talking about “the present economic difficulties,” or “the recession,” or even “the potential depression.” I have no hope of a rescue, so I’ve just jumped ahead and begun referring to what we’re going to as “the depression.”

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