We are in a Depression. Read on.

[Colonel Flagg]

As one who lived through this period of time (albeit I was very young at the time) I do remember most of the so-called "cash infusion" came in the form of rampant inflation - 21+% at its highest, if I recall correctly. (no I didn't bother looking it up) Times sucked. THere was rationing, COLA increases - there was even a wage-price freeze as Presidents Nixon and then Ford and Carter tried to come to terms with some of the worst economic times in my lifetime.

In a word, these times sucked.

Yet it still wasn't a depression. That would be worse.

Truth.

EDIT: And now I wait to be called a mumbling moron. Or be ignored totally.