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Republican presidential candidate Newt Gingrich took a shot at President Obama calling America’s economic woes, the “Obama Depression,” on Fox and Friends Sunday morning.

Gingrich’s comments come as the president is negotiating a new federal budget with Republicans, and just days after the latest job reports show few signs of economic recovery.

“Housing prices have dropped deeper than in the great depression and it’s very clear that under Obama’s job killing policies, we’re not going to get out of this deep unemployment.”

Read more at ABC News:


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