Word: depressionitis
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There was a time when Sangu J. Delle ’10 seemed to have the job market in the palm of his hand.The high-profile Delle, who serves as president of the Black Men’s Forum, spent his first two summers as a college student working at...
President Barack Obama often induces comparison to Abraham Lincoln. However, his recent announcement of a budget schedule that slices the deficit by one-half aligns him with a less celebrated commander-in-chief: Herbert Hoover. Hoover, the man whose infamous attempt to balance the budget in the face of skyrocketing...
But proponents of Sunday sales argue that state budgets are under plenty of pressure too and that by allowing people to buy beer, wine or liquor on Sunday at grocery or package stores, states could reap millions of dollars in tax revenue. Besides, as President Roosevelt learned in the 1930s...
While the recession has helped all types of repair professions, cobblers seem to be enjoying their luck more than others. Shoe repair is a dying industry. During the Great Depression, there were some 130,000 shops in the country. Now there are only 7,000. Graying, middle-aged repairers are...
In March, a number of actions will occur that will be critical to demonstrating whether the economic disaster will get much worse. The first is that the issue of the nationalization of the banks may well be resolved. The debate about the issue has already hit a fevered pitch and...