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Why We're Probably in For a Long Recession
Why We're Probably in For a Long Recession
Ask yourself the following: is momentum a good thing or a bad thing? One of the more persistent trends in the United States' postwar economic history is that the volatility in the performance of the economy has decreased over time. For example, from 1948 through 1969, the median change in the ...
Michael Kinsley - Recession Economics - How Do We Repay the Stimulus Spree?
washingtonpost.com — Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. ... (more) Michael Kinsley - Recession Economics - How Do We Repay ...
 The Education Of Donald Luskin
The Education Of Donald Luskin
sadlyno.com — Housing, Job Data Signal Recovery, Not Recession 7/25/2008 By Donald Luskin Hello, investors! Is the glass half empty? Or is the glass half full? The way the stock market dropped Thursday, you’d think the glass was downright empty. In fact you’d think ... (more) The Education Of Donald Luskin
BREAKING: Beer No Longer Recession-Proof
BREAKING: Beer No Longer Recession-Proof
fivethirtyeight.com — Beer, it seems, is no longer what's for dinner. The chart that follows details the quarterly change in alcohol purchased for home consumption , adjusted for inflation and dating all the way back to 1959. We can compare this against the quarterly ... (more) BREAKING: Beer No Longer Recession-Proof
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Demanding Results from the Stimulus
The Next Right — ... First, we have to establish some baselines. Last week, Nate Silver posted an insightful chart forecasting the unemployment rate based on postwar recessions. If job growth continues along the average trajectory of the postwar period, unemployment will peak at about 8.1% this summer and begin declining. Most economists would say this is getting off relatively easy. However, if the trajectory continues along the lines predicted by recessions in the modern period marked by the Fed chairmanship of Alan Greenspan, unemployment will top out at 9.6% in June 2010 before beginning a ...

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