Obama Dismisses Great Depression Talk

President-elect Barack Obama today sought to calm Wall Street and Main Street alike with a sober but reassuring assessment of the nation's finances. "When you think about the structural problems that we already had in the economy before the financial crisis, this is a big problem, and it's going to get worse," Obama told CBS' "Meet the Press" program. But he dismissed comparisons to the Great Depression, saying "I think it's important for us to remember that, as tough as times are right now,...Full Story
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