Biden quoting Reagan

Although without attribution I think it's called something else.

David A. Ridenour at National Center: "Speaking to the AFL-CIO's 2009 legislative conference in Atlantic City, Vice President Joe Biden said, "When a guy in Minooka is out of work, it's an economic slowdown. When your brother-in-law's out of work, it's a recession. When you're out of work, it's a depression."

Hmm... Sounds a bit familiar.

Didn't Ronald Reagan say on the campaign trail in 1980, "Recession is when your neighbor loses his job. Depression is when you lose yours. And recovery is when Jimmy Carter loses his"?

I hate it when people remake a classic."