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”

 

• Reality Check: Scan foreign sources for real financial news…

  
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  Irish Independent Excerpt and Link: “Scandinavia’s banks were also under the spotlight as the ratings agency Moody’s cut its credit ratings on three of the biggest players in Norway and Sweden… Fund managers have caught fright at the increasing risk of contagion in the eurozone ahead of a possible Greek ...
  3 hours ago

• Two things that seem odd, Americans seem almost content with high unemployment and a more austere lifestyle, and wall street certainly is not having a problem with it.

  
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  Without the desire for change on main street or wall street, things will stay as they are. I do not doubt that the internet has provided cheap entertainment for many and has started to serve as an alternative to more expensive pursuits. If main street was truely concerned would the ows movement be growing instead of ...
  3 hours ago

• If Greek withdrawal happens, and that could be within days, it will be very sudden. An emergency government in Athens will have to relaunch the drachma and probably impose something close to martial law to keep order.

  
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  Telegraph Excerpt and link: “If Greek withdrawal happens, and that could be within days, it will be very sudden. An emergency government in Athens will have to relaunch the drachma and probably impose something close to martial law to keep order. The real difficulty for Britain comes if there is then contagion, ...
  3 hours ago

• More Americans to travel for Memorial Day, cheaper gasoline gives them some spare change

  
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  More Americans will hit the road this holiday weekend than a year ago. And theyll have a bit more money to spend thanks to lower gas prices. Memorial Day kicks off the summer travel season, and since pump prices never reached $4 or $5 a gallon, as feared, economists says travelers are likely to dine out ...
  6 hours ago

• Guest Article:3 Ways You Can Tackle the Recession

  
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    With Britain officially in the grip of a double-dip recession, the public are continuing to feel the pinch and many people are turning to http://www.moneysupermarket.com/loans/ to compare loans and find the best one to help tide them over. Even though the first ‘dip’ in the economy occurred back in 2009, ...
  8 hours ago

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

  
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  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 ...
  1 day ago

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

  
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  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 ...
  1 day ago

• News That Matters

  
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  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 ...
  1 day 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 ...
  1 day ago

• The recession has stood a bump…

  
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  The recession has stood a bump on effects on everyone, for some reason as well as other. The simple truth is you may be jobless, self-utilized or utilized, there’s no question that some extra hard cash would increase your benchmarks of living and total joy. Effectively, you can consider this article your cost-free ...
  1 day ago

• Economic Driver

  
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  Sales of new vehicles, typically, Recede in recession terrifically, Til recovery beckons, And thats when, we reckon, They amplify upswings pro-cyclically. Courtesy of FT Alphaville , we learn that auto sales have comprised 30% of GDP growth in the last two quarters of our tepid, ongoing recovery. Mining a ...
  1 day ago

• CBO Bombshell - Our Congress Will Cause a Recession in 2013

  
  The Economic Populist - Speak Your Mind 2 Cents at a Time — Authority: 496
  The CBO has issued a new report on what all of those automatic budget cuts are gonna do in 2013. They will cause a recession. Growth in real (inflation-adjusted) GDP in calendar year 2013 will be just 0.5 percent, CBO expects—with the economy projected to contract at an annual rate of 1.3 percent in the ...
  1 day ago

• Its Jobless Thursday!

  
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  And basically its the same-old same-old with initial claims hanging around at the 370K doldrums. Additionally, we have mixed news in other metrics , with capital equipment orders and the purchasing managers index falling, while consumer confidence and durable goods orders rose.
  1 day ago

• Christopher Thomond reflects on the effects of recession on the A62 - in pictures

  
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  Photographer Christopher Thomond travelled along the A62, documenting the effects of the recession on businesses in the north Manchester suburbs on route to Rochdale Christopher Thomond
  1 day ago

• Russia’s Aleksei Kudrin Warns of Fallout From Economic Crisis

  
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  http://www.nytimes.com/ Russia’s Aleksei Kudrin Warns of Fallout From Economic Crisis An economic downturn in Russia could swell the ranks of protesters who have opposed the re-election of Vladimir V. Putin as president, the former minister Aleksei L. Kudrin said. published date:Thu, 24 May 2012 ...
  1 day ago

• Russia’s Aleksei Kudrin Warns of Fallout From Economic Crisis

  
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  An economic downturn in Russia could swell the ranks of protesters who have opposed the re-election of Vladimir V. Putin as president, the former minister Aleksei L. Kudrin said.
  1 day ago

• Obama’s Five Trillion Dollar Lie

  
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  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

• Amazon’s Shareholder Spectacle and the Fight Over Seattle

  
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  Curt Woodward Amazon.com’s remarkable growth is remaking the face of downtown Seattle , on a scale far different than any company before it in this city. Today, the e-commerce and cloud-computing pioneer felt some of the growing pains. Amazon’s annual shareholder meeting devolved into a bizarre standoff with ...
  1 day ago

• Report: More Americans paying their car loans on time

  
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  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

  
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  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

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