"My grandpop used to say -- there was a suburb of Scranton called Minooka. He said, ‘When the guy in Minooka's out of work, it's an economic slowdown. When your brother- in-law's out of work, it's a recession. When you're out of work, it's a depression. Well, it's a depression -- it's a depression for millions of Americans, through no fault of their own."
-Slow Joe Biden October 19, 2009
Less than a month ago Joe was telling a group of governors that the "stimulus" was working beyond his wildest expectations. That wild success will come as cold comfort to the mooks in Minooka, I reckon.
Of course, Slow Joe's political life has been marked by multiple plagiarism scandals. But a US politician trotting out the quote above, even if his dear old Grandpop actually said it, is slow indeed. Because, as we all know, the quote is linked forever to Ronald Reagan, who quite famously said:
"A recession is when your neighbor loses his job, a depression is when you lose your job. And a recovery is when Jimmy Carter loses his job."
I guess I can understand why Slow Joe didn't quote The Gipper.