“Is it news that some fellow out in South Succotash someplace has just been laid off, that he should be interviewed nationwide?”
Ronald Reagan, March 16, 1982
“I took a trip to Elkhart, Indiana, today. Elkhart is a place that has lost jobs faster than anywhere else in America.
“In one year, the unemployment rate went from 4.7 percent to 15.3 percent. Companies that have sustained this community for years are shedding jobs at an alarming speed, and the people who’ve lost them have no idea what to do or who to turn to. They can’t pay their bills and they’ve stopped spending money. And because they’ve stopped spending money, more businesses have been forced to lay off more workers. In fact, local TV stations have started running public service announcements that tell people where to find food banks, even as the food banks don’t have enough to meet the demand.”
Barack Obama, February 9, 2009