Word: recessional
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
See 10 things to buy during the recession.
"We typically have some sort of stimulus coming out of a recession," says Maury Harris, chief U.S. economist at UBS, who has yet to finalize his 2011 economic estimates. "What makes it harder than usual is that the stimulus was so much larger than usual." (See pictures of the recession...
Our reaction to his statement feels more ritualistic than rational. After all, unemployment is still nudging 10%, and foreclosure rates remain high. Yet the Great Fed Shaman has pronounced the recession monster dead. Let us rejoice.
Despite predictions that the Great Recession would foment a wave of lawlessness, U.S. crime dropped 1.9% from 2007 to 2008, according to statistics compiled by the FBI. Violent crimes were down across the board, and rapes fell to their lowest level in 20 years. But the news is not all...
There's been a trade-off. By keeping the recession from turning into a depression, the bailouts kept millions of people from ruin. But this success may have made it impossible to fix what ailed the financial system in the first place, which could eventually bring ruin to even more...