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Limbaugh: "If There Were A Republican In The White House, There Would Be A Depression"

RUSH: That means that the employment situation isn’t changing. That means wages aren’t changing positively. There’s no growth in people’s incomes. It’s just sad to watch this happening right in front of our eyes. The inflation rate is at least 2%, probably higher than that. So a casual calculation here, a 0.1% GDP contraction could mean that for all intents and purposes we’re back into a recession. What do you need, a couple or three quarters in a row for that to be officially proclaimed?

I’ll tell you, if there were a Republican in the White House, we’d be in a recession. If there were a Republican in the White House, we’d never have come out of the recession. If there were a Republican in the White House, there would be a depression. If there were a Republican in the White House and all this was going on, we’d be doing impeachment hearings by now. (Rush Limbaugh Show, January 30, 2013)

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