As usual, Biden plays footsie with his mouth, but I do think the gist of what he said is real, as he said, to millions of Americans. I've heard other politicians use similar lines. Lots of people. I've even seen it on T-shirts.
"For the millions of Americans without a job, "it's a depression," Biden said.
"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,'" Biden said.
"Well, it's a depression -- it's a depression for millions of Americans, through no fault of their own," he said."
VP Biden: For the millions of Americans without jobs, the U.S. economy is in a 'depression' - Political Punch