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.

by Joe Kohli Are you a writer, passionate about this or any other topic? Join Blogcritics!

Original Technorati articles tagged “recession”

• in Politics
  Excuse Me, Mr. President, We Thought You Should Govern
  The Dufus in Chief Continues to Show His Inability to Govern
  by sdgully / on Aug 26, 2010
• in Politics
  The Credit Union is Back
  The old-fashioned way - local groups forming local credit unions - has become the new-fashioned way.
  by hugie / on Aug 23, 2010
• in Gaming
  Gaming to Survive
  While online communities such as World of Warcraft or Second Life were originally conceived of as modes of entertainment, they also serve the role of facilitating survival.
  by drlaserfalcon / on Aug 20, 2010

Latest blogosphere posts tagged “recession”

 

• San Francisco Fed Says Low Chance Of Recession---Their Own Research Says Otherwise

  
  Black Swan Insights — Authority: 131
      San Francisco Fed Director of Economic Research John Williams was out today talking up the economy during a speaking engagement. Mr. Williams is currently filling in for San Francisco Fed President Janet Yellen, who is awaiting senate confirmation as vice-chairman of the Federal Reserve. Anyway, Mr. Williams ...
  6 hours ago

• Scholarships For Moms Going to College – How to Pay For Your College Education

  
  Free Grant Money — Authority: 462
  To start with, general costs for colleges and universities are high compared with other commodities in our lives. However, with the recent recession and the decline of the economy, these costs continue to escalate. This kind of situation poses a lot of disadvantage for those who have found it important to go back to ...
  8 hours ago

• Young Investors Avoiding Stocks

  
  The Washington Independent Blog — Authority: 149
  Back in the 1990s, companies like eTrade and the big banks democratized stock investing: Anyone, anywhere could purchase an index fund for a long-term investment or try to make a buck day trading. Stocks became sexy, and young individuals flooded into the market. Now, young people with cash in hand, spooked by the ...
  8 hours ago

• It’s the Watering System, Stupid!

  
  The Constitutionalist Today — Authority: 445
  Image via Wikipedia My grass was very dry and brown at the beginning of the summer this year. My wife asked me to do something about it, but I told her I turned on the sprinkler system. There’s nothing more I could do about it than that. It’s not my fault the grass is so brown. It must be some other problem ...
  8 hours ago

• Yeah, It’s a Class War

  
  AlterNet Blogs: Speakeasy — Authority: 161
  Obama spoke to a labor crowd in Milwaukee, Wisconsin on Monday, calling for new energy investment, and new infrastructure. The word most people want to hear from him, of course, is jobs. Where are they going to be, when are they coming back?Wisconsin’s a place where that discussion’s getting very twisted. Once a ...
  9 hours ago

• Yeah, It’s a Class War

  
  SpeakEasy Redirect — Authority: 161
  Obama spoke to a labor crowd in Milwaukee, Wisconsin on Monday, calling for new energy investment, and new infrastructure. The word most people want to hear from him, of course, is jobs. Where are they going to be, when are they coming back?Wisconsin’s a place where that discussion’s getting very twisted. Once a ...
  9 hours ago

• A Debate Between John F. Kennedy and Barack Obama

  
  Big Government — Authority: 767
  Here’s a clever video produced by the Winston Group, comparing the tax policies of two Democratic Presidents. Having previously highlighted Kennedy’s tax-cutting approach , it is painful for me to observe the class warfare approach of the Obama Administration . What’s especially fascinating is that ...
  10 hours ago

• Euro Pound Exchange Rate Report – 6th September 2010

  
  the expediatenerifeproperty blog — Authority: 124
  Pound Euro Exchange Rate Report – 6th September 2010 A volatile week saw Sterling start strongly against the single currency at a high of 1.22470, with a low of 1.19620 (Interbank Levels) a difference of -2.3%. Therefore a difference between the high and the low of the week on £250,000 to € would be around ...
  11 hours ago

• Minneapolis Feds Kocherlakota Admits The Fed Is Now Powerless To Solve Unemployment Deriving From Job Mismatch

  
  zero hedge - on a long enough timeline, the survival rate for everyone drops to zero — Authority: 779
  The Minneapolis Feds recent addition, governor Kocherlakota, gave a speech in Missoula, Montana in which he noted the obvious, that GDP growth and inflation are both starting a decline which, if Goldman is right, will end up very close to breakeven to zero, and most likely will be materially lower. The one part of his ...
  11 hours ago

• Guest Post: Primer #3: The Dangers Of Mass Psychology (Or Why Overwhelming Majorities Are Always Wrong)

  
  zero hedge - on a long enough timeline, the survival rate for everyone drops to zero — Authority: 779
  Submitted by Ben Rabidoux of Financial Insights Primer #3: The dangers of mass psychology (or why overwhelming majorities are always wrong) Hello again In our first primer we discussed the notion of deflation and why a period of deflationary pressure is inevitable.  We explained how inflation is created ...
  12 hours ago

• Podcast: Stuck Between a Recession and a Recovery

  
  California Budget Bites — Authority: 117
  No time to read our new report Stuck Between a Recession and a Recovery: California’s Workers Face the Toughest Job Market in Decades in its entirety? Listen to the highlights of the report instead in this short podcast with CBP Deputy Director Alissa Anderson. – Lisa Gardiner Filed under: Work, Wages, & ...
  13 hours ago

• Obamas former budget director calls for extention of Bush tax cuts

  
  United Liberty - Free Market - Individual Liberty - Limited Government — Authority: 532
  Realizing that tax hikes will hinder an economic recovery, Peter Orzag, who until recently served as President Barack Obama’s budget director, is calling for a two year extention of the Bush tax cuts : In the face of the dueling deficits, the best approach is a compromise: extend the tax cuts for two years and ...
  15 hours ago

• Freefall: The world according to Joseph Stiglitz

  
  Blowin' In The Wind — Authority: 438
  Singapore is, by common consent, one of the most open economies in the world. Yet, more than 80 per cent of the Singaporeans live in public housing, the buses and trains are run by two government-linked companies, the mainstream media really state media – the television stations owned outright by a state investment ...
  15 hours ago

• If You Think Its All Schilling, Ham and Schwartz All The Time, You Should Read My "Other" Blog

  
  The Frager Factor — Authority: 141
  from publicly available facebook.com/ofrager almost 10,000 posts leading to ideas and info available no where elseRemoveOwen Frager Beautiful!Burton-Treiser Wedding19 new photosMonday at 5:28pm · Comment · Like · ShareOwen Frager ‎@Epik Coming to DevCon? Register in advance and start Networking! ...
  15 hours ago

• How Bad is the Economy?

  
  Grant Miller Media. — Authority: 117
  Its so bad Johnny Paycheck is living hand-to-mouth. Its so bad Johnny Cash is penniless. Its so bad Bob Dylan is willing to work on Maggies Farm. Its so bad Dolly Parton sometimes works Nine-to-Seven. Its so bad Huey Lewis has been out of workin for a livin since November. Its so bad Sammy Hagar drives 55 miles ...
  16 hours ago

• Economic Crisis Will Require Patience

  
  Breakout Performance: Ironfire Capital — Authority: 430
  By Eric Jackson, Senior Contributor ...
  17 hours ago

• The wholly fallible Ben Bernanke | Dean Baker

  
  The Guardian - guardian.co.uk — Authority: 986
  Despite three crucial errors at the Federal Reserve, its chairman is still revered as if he is the pope – while we pay the price Many have noted the resemblance between the Federal Reserve Board and the Catholic church. Both have long traditions of secret convocations: meetings of the open market committee and the ...
  17 hours ago

• Greek Economy Shrank More than Estimated in Second Quarter

  
  DailyFinance — Authority: 795
  Greeces economy contracted more than previously thought in the second quarter, according to new figures. The countrys statistics agency said that the economy shrank at an annual rate of 3.7% in the second quarter, compared with an initial estimate of a 3.5% decline, The Wall Street Journal reported . The economy ...
  19 hours ago

• Euro - Austerity to fund failed institutions

  
  A heid full of mince but at least it's my mince! — Authority: 108
  Image via Wikipedia I am not alone in “banging on” about the lack of TRANSPARENCY in the banking system (and wider financial sector). The man on the street didn’t know or care much for how the sector conducted business as long as the had a job (income) and could afford the odd “luxury”. Many were happy ...
  19 hours ago

• The Best Time to Launch a Start-Up? Right Now

  
  MyBankTracker — Authority: 503
  For those of you toying with the idea of starting a business: Now is the time. Starting a business during an economic downturn may sound like a bad idea, while in fact, a recession is one of the best times to take business risks. Why Start-ups Flourish in Weak Economic Times Everyone is Suffering This ...
  19 hours ago

Comments about recession