Good evening.
More bad news today for the American people—and another jolt for the shrill re-election campaign of George Herbert Hoover Bush. For the third straight month unemployment declined only slightly, and experts say the few local signs of economic recovery cannot mask the spreading calamity. “In many ways, it’s worse than the depths of the Great Depression,” said one prominent economist with ties to the Administration, who spoke on condition that he not be identified. The gulf between rich and poor continues to widen, as the middle class is squeezed, the rich reap the benefits of the Republican ascendance, and the nation is stuck with a staggering bill for the excesses of the Eighties.
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