recession

A recession is an economic downturn that lasts for at least six months, but does not have the duration and severity of an economic depression. Recessions are typically accompanied by increases in unemployment and a decline in the stock market.

Unemployment increases as college graduates enter the job market and cannot find jobs, employees are laid off due to reduced business sales, companies go out of business voluntarily, or go bankrupt. With the increase in unemployment, consumers ability to repay loans declines, home foreclosures increase, and personal bankruptcies rise.

You will find bloggers writing about recessions at sites like the Huffington Post and the Economix blog in the New York Times.

Causes and cures for specific recessions vary greatly. A February 23, 2010 column by Eugene M. Grant in the Huffington Post, proposed tax credits on investments in business to stimulate the economy. Meanwhile, a March 3,2010 column from the Wonk Room argued that the 6 billion energy efficiency rebate program proposed during the second year of the Obama administration would help rebuild the "Tool Belt" economy.

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Original Technorati articles tagged “recession”

• in Politics
  Countless Trillions Spent (Wasted) Yet Stagnation Continues
  Over regulation and wasteful spending are clogging our system.
  by leovou / on May 1, 2012
• in Business
  It's not Capitalism, it's Cruelty
  As we move through our economic recovery process we must realize that many of those with money seem to be resorting back to their old ways.
  by kalespress / on Mar 16, 2012
• in Family
  A Family Friendly Approach to Earning More Money During the Recession
  Look to the Internet To Ease Financial Pressure During The Recession
  by cdodge1 / on Feb 26, 2012

Latest blogosphere posts tagged “recession”

 

• Spanish regulator suspends trading of Bankia shares before meeting on state aid requirements

  
  — Authority:
  Spains market regulator suspended trading of shares in bailed-out Bankia on Friday ahead of a key board meeting at which the lender is expected to decide how much more rescue money it needs from the government. A market commission statement said trading was being halted because "a concurrence of issues ...
  12 hours ago

• There is a storm brewing, is it time to baton down the hatches?

  
  The Share Centre Blog — Authority: 121
  Actually I think the economic news of late has been quite stunning. Stunningly bad, that is. What is to be done? Well, they say sell in May, and go away, and here we are near the end of the month and there is no doubt about it, an awful lot of selling has been going on. The FTSE 100, Dow and DAX have all lost ...
  15 hours ago

• News That Matters

  
  — Authority:
  Ft.com Some of Europe’s biggest fund managers have confirmed they are dumping euro assets amid rising fears over a possible Greek exit from the eurozone and single currency turmoil. The euro’s sudden fall this month caught many investors by surprise. Europe’s single currency has lost 5 per cent in the ...
  15 hours ago

• News That Matters

  
  — Authority:
  Ft.com Some of Europe’s biggest fund managers have confirmed they are dumping euro assets amid rising fears over a possible Greek exit from the eurozone and single currency turmoil. The euro’s sudden fallthis month caught many investors by surprise. (Read more…) Europe’s single currency has lost 5 per cent in ...
  15 hours ago

• Obama’s Five Trillion Dollar Lie

  
  NOVAKEO.COM — Authority: 119
  Why isn’t the U.S. economy in a depression right now?  The number one reason is because the federal government has stolen more than five trillion dollars from future generations since Barack Obama was elected and has used that money to pump up our grossly inflated standard of living.  Whether the federal ...
  1 day ago

• Report: More Americans paying their car loans on time

  
  — Authority:
  Filed under: Car Buying , Earnings/Financials Nearly everyone in America with a car loan is making the payment on time, the Detroit Free Press is reporting. A scant .36 percent of people with a car loan are 60 or more days behind on making their payment, according to a TransUnion report looking at the ...
  1 day ago

• Congressional Budget Office Warns of Recession in 2013

  
  — Authority:
  Filed under: Taxes , Money and Politics The nonpartisan Congressional Budget Office is warning that if $607 billion in tax increases and spending cuts all hit as scheduled -- roughly the beginning of next year -- the U.S. will likely go into recession in 2013. This is the "fiscal cliff" you may have heard ...
  1 day ago

• UK economy has been going nowhere under Osborne

  
  The Guardian - guardian.co.uk — Authority: 965
  We need a fundamental re-casting of the economy so that Britain can once again pay its way in the world Two years have passed since George Osborne was preparing his first budget, and much has changed since the heady first days of the coalition. In June 2010, the chancellor was expecting growth of 2.3% in 2011. In ...
  1 day ago

• Facebook UnFriends Its Fan Base

  
  — Authority:
  By VFC’s Stock House What should have turned into an historic day for the post-recession IPO market has turned into a calamity. Facebook, Inc. (NASDAQ:FB) is a business based on leaving its users “feeling good.” Feeling good about interacting with family, friends and colleagues, and feeling good about finding ...
  1 day ago

• Expansionary Fiscal Contraction in Action (or Not)

  
  Econbrowser — Authority: 634
  The recession in the UK is even worse than first reported. Figure 1: UK annualized q/q GDP growth (chained 2008), calculated as log differences. Dashed line at 2010Q2 (new coalition government). Source: UK ONS . 2012Q1 growth is revised down from -0.1% (quarterly rate) to -0.3%. As I noted earlier [1] , ...
  1 day ago

• In this recession the online customer is king

  
  — Authority:
  Confirmation that the economy has dipped back into recession is only likely to add to the woes of many dealers already concerned about low levels of consumer confidence.  If the meagre margins from modest new car sales weren’t enough, dealers are also contending with a shortage of good quality used car stock and ...
  1 day ago

• Another Obama Record … Under Barack Obama, 30 Worst Months of Employment in the Past 25 Years

  
  Scared Monkeys — Authority: 605
  OBAMANOMICS: WOW, yet another record for President Barack Obama to be proud of … From The Weekly Standard comes Barack Obama’s dismal record on employment and job recover … Obama has 30 of the worst employment months in the past 25 years. Ever wonder why Obama wants to distract from his terrible record ...
  1 day ago

• The Housing Bust Was Just A Preview For The Coming Catastrophe

  
  NOVAKEO.COM — Authority: 119
  I first came to national attention back in 2008 and 2009 when the housing and credit markets imploded. I became known as the guy that other market “experts” laughed at when I warned of trouble brewing in the seemingly indestructible American economy. After the wheels ground to a halt in mid-2008, people noticed ...
  1 day ago

• Is The Decline In New Jobless Claims Losing Momentum?

  
  — Authority:
  For the fourth time in as many weeks, today’s update on initial jobless claims shows that new unemployment filings are hugging the 370,000 neighborhood on a seasonally adjusted basis. The fact that claims aren’t rising is an encouraging sign, of course. But the resistance at the 370,000 level, if it rolls on, will ...
  1 day ago

• Sen. Coburn: “No Political Will” to Prevent Credit Downgrade

  
  — Authority:
  Another credit downgrade for the nation, a recession in 2013, politicians who cant agree on which day of the week it is, much less solutions to the national economy - these all come together to present less than ideal economic outlook.
  1 day ago

• UK recession deepens as euro zone woes mount – NDTV

  
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  Moneycontrol.com UK recession deepens as euro zone woes mountNDTVBritain fell deeper into recession than first thought in the first quarter of this year after a sharp drop in construction output, raising the likelihood the Bank of England will need to inject more stimulus to protect the economy from the raging euro ...
  1 day ago

• There Is Something Wonderful On The Horizon

  
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  Bad News May Be Good News In Disguise. With all of the depressing news about politics and the economy coming at us from every direction, I was amazed when a few days ago the thought struck me, "What GOOD is going to come from all of this?" I started to think about all of the horrible events of years, centuries and ...
  1 day ago

• US bank earnings rose this winter to 5-year high

  
  Long Island Business News — Authority: 585
  U.S. bank earnings rose in the first three months of the year to the highest level in nearly five years. The number of troubled banks fell for the fourth straight quarter. The Federal Deposit Insurance Corp. said Thursday the banking industry earned $35.3 billion in the January-March period. That’s up from $28.7 ...
  1 day ago

• UK dips further into recession

  
  — Authority:
  The latest update for the first quarter of 2012 from the Office for National Statistics has amended the fall in GDP from 0.2% to 0.3%. And coming on the back of the GDP fall in the last quarter of 2012 this just puts us a little further into the mire
  1 day ago

• It’s worse than that: He’s dead Jim

  
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    So, even our double dip recession is now offically worse that first thought. Initial figures suggested that the UK economy had shrunk by 0.2% in the first quarter of 2012, but now it looks closer to 0.3% as office of national statistics reveal that the contruction industry performed worse than initially ...
  1 day ago

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