Summary: According to some economists, a Depression doesn’t have to be Great, with bread lines, rampant unemployment, and a wipeout in the stock market. The economy can sink into a milder depression — the kind spelled with a lowercase “d” — and it may be happening now.

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Summary: U.S. Rep. Michele Bachmann (R-Minn.), criticizing the economic stimulus plan on KTLK radio in the Twin Cities with her trademark gloom-and-doom histrionics, foresees a “national rationing board,” claims “your doctor will no longer be able to make your health care decisions with you,” and catastrophizes that “we’re running out of rich people in this country.”

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