{"id":1364,"date":"2008-11-04T09:28:39","date_gmt":"2008-11-04T17:28:39","guid":{"rendered":"https:\/\/blogschapman.wpenginepowered.com\/law\/2008\/11\/04\/usa-today-quotes-dean-canova-on-economy\/"},"modified":"2008-11-04T09:28:39","modified_gmt":"2008-11-04T17:28:39","slug":"usa-today-quotes-dean-canova-on-economy","status":"publish","type":"post","link":"https:\/\/blogs.chapman.edu\/law\/2008\/11\/04\/usa-today-quotes-dean-canova-on-economy\/","title":{"rendered":"USA Today Quotes Dean Canova on Economy"},"content":{"rendered":"<p>Associate Dean Timothy Canova was quoted in an article in <em>USA Today<\/em> entitled, &#8220;Is today&#8217;s economic crisis another Great Depression?&#8221; in which Dean Canova commented, &#8220;Big declines in the stock market reduced people&#8217;s wealth and decreased spending.&#8221; He further stated, &#8220;$700 billion pales in comparison with what the country spent to get the economy out of the Depression in the 1930s, particularly if you include the massive spending for World War II. If one lesson of the Great Depression is that the Federal Reserve must be ready to expand the money supply, another lesson is that monetary expansion alone will not renew a growth path for the economy.&#8221; <a href=\"http:\/\/www.usatoday.com\/money\/economy\/2008-11-03-economy-depression-recession_N.htm\">Read article\u2026<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Associate Dean Timothy Canova was quoted in an article in USA Today entitled, &#8220;Is today&#8217;s economic crisis another Great Depression?&#8221; [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":14757,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"custom_author_name":"","chapman_pin_hero_slider":"","footnotes":""},"categories":[3],"tags":[80,75,70],"class_list":["post-1364","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-faculty","tag-canova","tag-federalist-society","tag-recession"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Fowler School of Law | Chapman Blogs<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blogs.chapman.edu\/law\/2008\/11\/04\/usa-today-quotes-dean-canova-on-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"USA Today Quotes Dean Canova on Economy - Fowler School of Law\" \/>\n<meta property=\"og:description\" content=\"Associate Dean Timothy Canova was quoted in an article in USA Today entitled, &#8220;Is today&#8217;s economic crisis another Great Depression?&#8221; [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blogs.chapman.edu\/law\/2008\/11\/04\/usa-today-quotes-dean-canova-on-economy\/\" \/>\n<meta property=\"og:site_name\" content=\"Fowler School of Law\" \/>\n<meta property=\"article:published_time\" content=\"2008-11-04T17:28:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/blogs.chapman.edu\/law\/wp-content\/uploads\/sites\/71\/2026\/04\/Chapman3_18Campus-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2400\" \/>\n\t<meta property=\"og:image:height\" content=\"1600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"krisaoun\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"krisaoun\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/2008\\\/11\\\/04\\\/usa-today-quotes-dean-canova-on-economy\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/2008\\\/11\\\/04\\\/usa-today-quotes-dean-canova-on-economy\\\/\"},\"author\":{\"name\":\"krisaoun\",\"@id\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/#\\\/schema\\\/person\\\/5659a18bdb413b5f0b2ccaa689855147\"},\"headline\":\"USA Today Quotes Dean Canova on Economy\",\"datePublished\":\"2008-11-04T17:28:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/2008\\\/11\\\/04\\\/usa-today-quotes-dean-canova-on-economy\\\/\"},\"wordCount\":118,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/2008\\\/11\\\/04\\\/usa-today-quotes-dean-canova-on-economy\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/wp-content\\\/uploads\\\/sites\\\/71\\\/2026\\\/04\\\/Chapman3_18Campus-2.jpg\",\"keywords\":[\"Canova\",\"Federalist Society\",\"recession\"],\"articleSection\":[\"Faculty\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/2008\\\/11\\\/04\\\/usa-today-quotes-dean-canova-on-economy\\\/\",\"url\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/2008\\\/11\\\/04\\\/usa-today-quotes-dean-canova-on-economy\\\/\",\"name\":\"USA Today Quotes Dean Canova on Economy - Fowler School of Law\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/2008\\\/11\\\/04\\\/usa-today-quotes-dean-canova-on-economy\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/2008\\\/11\\\/04\\\/usa-today-quotes-dean-canova-on-economy\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/wp-content\\\/uploads\\\/sites\\\/71\\\/2026\\\/04\\\/Chapman3_18Campus-2.jpg\",\"datePublished\":\"2008-11-04T17:28:39+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/2008\\\/11\\\/04\\\/usa-today-quotes-dean-canova-on-economy\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/2008\\\/11\\\/04\\\/usa-today-quotes-dean-canova-on-economy\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/2008\\\/11\\\/04\\\/usa-today-quotes-dean-canova-on-economy\\\/#primaryimage\",\"url\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/wp-content\\\/uploads\\\/sites\\\/71\\\/2026\\\/04\\\/Chapman3_18Campus-2.jpg\",\"contentUrl\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/wp-content\\\/uploads\\\/sites\\\/71\\\/2026\\\/04\\\/Chapman3_18Campus-2.jpg\",\"width\":2400,\"height\":1600},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/2008\\\/11\\\/04\\\/usa-today-quotes-dean-canova-on-economy\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"USA Today Quotes Dean Canova on Economy\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/#website\",\"url\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/\",\"name\":\"Fowler School of Law\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/#organization\",\"name\":\"Fowler School of Law\",\"url\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/wp-content\\\/uploads\\\/sites\\\/71\\\/2026\\\/03\\\/MasterBrand_000-scaled-1.png\",\"contentUrl\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/wp-content\\\/uploads\\\/sites\\\/71\\\/2026\\\/03\\\/MasterBrand_000-scaled-1.png\",\"width\":2560,\"height\":435,\"caption\":\"Fowler School of Law\"},\"image\":{\"@id\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/#\\\/schema\\\/person\\\/5659a18bdb413b5f0b2ccaa689855147\",\"name\":\"krisaoun\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/7849e3e1de0b69d7fdfd161a770352ba42bf31a89e2a992599f81c39266e2771?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/7849e3e1de0b69d7fdfd161a770352ba42bf31a89e2a992599f81c39266e2771?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/7849e3e1de0b69d7fdfd161a770352ba42bf31a89e2a992599f81c39266e2771?s=96&d=mm&r=g\",\"caption\":\"krisaoun\"},\"url\":\"https:\\\/\\\/blogs.chapman.edu\\\/law\\\/author\\\/krisaoun\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Fowler School of Law | Chapman Blogs","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/blogs.chapman.edu\/law\/2008\/11\/04\/usa-today-quotes-dean-canova-on-economy\/","og_locale":"en_US","og_type":"article","og_title":"USA Today Quotes Dean Canova on Economy - Fowler School of Law","og_description":"Associate Dean Timothy Canova was quoted in an article in USA Today entitled, &#8220;Is today&#8217;s economic crisis another Great Depression?&#8221; [&hellip;]","og_url":"https:\/\/blogs.chapman.edu\/law\/2008\/11\/04\/usa-today-quotes-dean-canova-on-economy\/","og_site_name":"Fowler School of Law","article_published_time":"2008-11-04T17:28:39+00:00","og_image":[{"width":2400,"height":1600,"url":"https:\/\/blogs.chapman.edu\/law\/wp-content\/uploads\/sites\/71\/2026\/04\/Chapman3_18Campus-2.jpg","type":"image\/jpeg"}],"author":"krisaoun","twitter_card":"summary_large_image","twitter_misc":{"Written by":"krisaoun","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/blogs.chapman.edu\/law\/2008\/11\/04\/usa-today-quotes-dean-canova-on-economy\/#article","isPartOf":{"@id":"https:\/\/blogs.chapman.edu\/law\/2008\/11\/04\/usa-today-quotes-dean-canova-on-economy\/"},"author":{"name":"krisaoun","@id":"https:\/\/blogs.chapman.edu\/law\/#\/schema\/person\/5659a18bdb413b5f0b2ccaa689855147"},"headline":"USA Today Quotes Dean Canova on Economy","datePublished":"2008-11-04T17:28:39+00:00","mainEntityOfPage":{"@id":"https:\/\/blogs.chapman.edu\/law\/2008\/11\/04\/usa-today-quotes-dean-canova-on-economy\/"},"wordCount":118,"commentCount":0,"publisher":{"@id":"https:\/\/blogs.chapman.edu\/law\/#organization"},"image":{"@id":"https:\/\/blogs.chapman.edu\/law\/2008\/11\/04\/usa-today-quotes-dean-canova-on-economy\/#primaryimage"},"thumbnailUrl":"https:\/\/blogs.chapman.edu\/law\/wp-content\/uploads\/sites\/71\/2026\/04\/Chapman3_18Campus-2.jpg","keywords":["Canova","Federalist Society","recession"],"articleSection":["Faculty"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/blogs.chapman.edu\/law\/2008\/11\/04\/usa-today-quotes-dean-canova-on-economy\/","url":"https:\/\/blogs.chapman.edu\/law\/2008\/11\/04\/usa-today-quotes-dean-canova-on-economy\/","name":"USA Today Quotes Dean Canova on Economy - Fowler School of Law","isPartOf":{"@id":"https:\/\/blogs.chapman.edu\/law\/#website"},"primaryImageOfPage":{"@id":"https:\/\/blogs.chapman.edu\/law\/2008\/11\/04\/usa-today-quotes-dean-canova-on-economy\/#primaryimage"},"image":{"@id":"https:\/\/blogs.chapman.edu\/law\/2008\/11\/04\/usa-today-quotes-dean-canova-on-economy\/#primaryimage"},"thumbnailUrl":"https:\/\/blogs.chapman.edu\/law\/wp-content\/uploads\/sites\/71\/2026\/04\/Chapman3_18Campus-2.jpg","datePublished":"2008-11-04T17:28:39+00:00","breadcrumb":{"@id":"https:\/\/blogs.chapman.edu\/law\/2008\/11\/04\/usa-today-quotes-dean-canova-on-economy\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/blogs.chapman.edu\/law\/2008\/11\/04\/usa-today-quotes-dean-canova-on-economy\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/blogs.chapman.edu\/law\/2008\/11\/04\/usa-today-quotes-dean-canova-on-economy\/#primaryimage","url":"https:\/\/blogs.chapman.edu\/law\/wp-content\/uploads\/sites\/71\/2026\/04\/Chapman3_18Campus-2.jpg","contentUrl":"https:\/\/blogs.chapman.edu\/law\/wp-content\/uploads\/sites\/71\/2026\/04\/Chapman3_18Campus-2.jpg","width":2400,"height":1600},{"@type":"BreadcrumbList","@id":"https:\/\/blogs.chapman.edu\/law\/2008\/11\/04\/usa-today-quotes-dean-canova-on-economy\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/blogs.chapman.edu\/law\/"},{"@type":"ListItem","position":2,"name":"USA Today Quotes Dean Canova on Economy"}]},{"@type":"WebSite","@id":"https:\/\/blogs.chapman.edu\/law\/#website","url":"https:\/\/blogs.chapman.edu\/law\/","name":"Fowler School of Law","description":"","publisher":{"@id":"https:\/\/blogs.chapman.edu\/law\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/blogs.chapman.edu\/law\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/blogs.chapman.edu\/law\/#organization","name":"Fowler School of Law","url":"https:\/\/blogs.chapman.edu\/law\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/blogs.chapman.edu\/law\/#\/schema\/logo\/image\/","url":"https:\/\/blogs.chapman.edu\/law\/wp-content\/uploads\/sites\/71\/2026\/03\/MasterBrand_000-scaled-1.png","contentUrl":"https:\/\/blogs.chapman.edu\/law\/wp-content\/uploads\/sites\/71\/2026\/03\/MasterBrand_000-scaled-1.png","width":2560,"height":435,"caption":"Fowler School of Law"},"image":{"@id":"https:\/\/blogs.chapman.edu\/law\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/blogs.chapman.edu\/law\/#\/schema\/person\/5659a18bdb413b5f0b2ccaa689855147","name":"krisaoun","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/7849e3e1de0b69d7fdfd161a770352ba42bf31a89e2a992599f81c39266e2771?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/7849e3e1de0b69d7fdfd161a770352ba42bf31a89e2a992599f81c39266e2771?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7849e3e1de0b69d7fdfd161a770352ba42bf31a89e2a992599f81c39266e2771?s=96&d=mm&r=g","caption":"krisaoun"},"url":"https:\/\/blogs.chapman.edu\/law\/author\/krisaoun\/"}]}},"_links":{"self":[{"href":"https:\/\/blogs.chapman.edu\/law\/wp-json\/wp\/v2\/posts\/1364","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.chapman.edu\/law\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.chapman.edu\/law\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.chapman.edu\/law\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.chapman.edu\/law\/wp-json\/wp\/v2\/comments?post=1364"}],"version-history":[{"count":0,"href":"https:\/\/blogs.chapman.edu\/law\/wp-json\/wp\/v2\/posts\/1364\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blogs.chapman.edu\/law\/wp-json\/wp\/v2\/media\/14757"}],"wp:attachment":[{"href":"https:\/\/blogs.chapman.edu\/law\/wp-json\/wp\/v2\/media?parent=1364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.chapman.edu\/law\/wp-json\/wp\/v2\/categories?post=1364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.chapman.edu\/law\/wp-json\/wp\/v2\/tags?post=1364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}