The long economic downturn that began in late 2007 came to be known at the Great Recession –- the worst period since the Great Depression of the 1930s.
Even though both events were momentous enough to earn the word "great" as a modifier, they really are not comparable, according to recent research by economist Mark Vaughan, a fellow at the Weidenbaum Center on the Economy at Washington University in St. Louis.
Originally published on Wed July 11, 2012 10:53 am
Republican presidential candidate Mitt Romney told the National Association for the Advancement of Colored People this morning that his policies would be good for all Americans and that those of President Obama have not helped the nation's poorest people.
And, he told delegates to the NAACP's annual convention in Houston, "if it were possible to fully communicate what I believe is in the real, enduring best interest of African-American families, you would vote for me for president."