Word: depressionitis
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Re the Person of the Year issue and Obama's ascent to the presidency: Your article not only praised the skill of the campaign but compared him to F.D.R., who became President during the Great Depression. I recall Roosevelt's famous "There's nothing to fear but fear itself" speech...
This economic crisis is widely regarded as the greatest crisis since the Great Depression. Such a crisis dictates leaning toward a stimulus that might be too large, certainly not toward one that is too small. If all goes according to plan, which is a leap of faith in itself, this...
John Maynard Keynes, the trendiest dead economist of this apocalyptic moment, was the godfather of government stimulus. Keynes had the radical idea that throwing money at recessions through aggressive deficit spending would resuscitate flatlined economies - and he wasn't too particular about where the money was thrown. In the depths...
In this four-alarm economic emergency (nearly 2 million jobs have vanished in four months), it's easy to forget that shovel-ready doesn't necessarily mean shovel-worthy. Many projects are shovel-ready now only because they failed to clear the spectacularly low bar Congress set for pork in...
It's not that speed and size aren't important. We're in a death spiral: businesses are shedding workers at a record pace, which saps consumer spending, which leads to more layoffs, and so on. The public sector needs to get an awful lot of unemployed workers and equipment...