Word: recessional
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In most realms, in fact, the return to normality is under way. Banks are paying back TARP funds. Cash for Clunkers has faded into the sunset. The chairman of the Federal Reserve Board has declared the recession over, and home prices are inching upward.
Are microloans taking a hit due to the recession? Katie Malone, Point Marion, Pa. We use very local money that is going to the local poor, so there is no way the hit taken by the financial centers of the world could be transmitted to us. We don't see...
How would you help the world out of recession? Azmath Shamrad, Newcastle, England The system failed us. There's no reason why we should resuscitate it. We have to make absolutely sure that we don't go back to the same old normalcy. We should be creating a new normalcy...
Though Blendon acknowledged that businesses are facing an economic recession, he emphasized the importance of preparing for the flu season in advance.
At the start of 2009, Pearl Jam were without a record deal and seemingly without a meaningful future. As the only major survivor of Seattle grunge and 90s mainstream rock to resist implosion, the band, still based in Seattle after all these years, appeared anachronistic, past-it, irrelevant. Beginning with...