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President Joe Biden recently made a major blunder while trying to laud former Speaker of the House, Nancy Pelosi. Instead of crediting her for her contribution to rescuing the economy during the Great Recession, Biden mistakenly praised her for doing so during the Great Depression. Needless to say, the internet had a field day, with many pointing out that Pelosi was not even born during the Depression. The Great Recession that Biden meant to refer to was a severe economic downturn that took place from 2007 to 2009 and was felt globally. It was primarily caused by the collapse of the US housing market.
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