Biden: "It's a depression for millions and millions of Americans"
June 27, 2012
(CBS News) Referring to the unemployment rate, Vice President Joe Biden in a campaign speech Wednesday said "it's a depression for millions and millions of Americans."
Visiting Dubuque, Iowa, Biden repeated one of his usual anecdotes, but stressed a point that doesn't necessarily speak well to the Obama administration's economic achievements.
"My grandpa used to say - he's from Scranton - he'd say, 'Joey, when the guy in Dunmore - the next town over - when the guy in Dunmore's outta work it's an economic slowdown," he said. "When your brother-in-law's out of work, it's a recession. When you're out of work, it's a depression.'
"It's a depression for millions and millions of Americans," the vice president continued. "It's a depression."
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.