Today's misery is real unemployment home foreclosures and bankruptcies. This is the Obama Misery Index and its at a record high. Its going to take more than new rhetoric to put Americans back to work - its going to take a new president.
We had a booming stock market in 1929 and then went into the world's greatest depression. We have a booming stock market in 1999. Will the bubble somehow burst and then we enter depression? Well some things are not different.