The WSJ and the Commerce Department realize what everyone else already knew. The recession was deeper — and subsequent recovery slower — than the government originally estimated, the Commerce Department…

I would much prefer to think that all of this is a matter of his life being in turmoil throughout this decade, rather than Larry Summers being right about anything….

by Mike Kimel In Response to Bryan Caplan et. al., Part 2 – Unanticipating The Great Depression and the Great Recession Cross-posted at the Presimetrics blog. Last week I noted…

…in the way this Great Recession has hit people across the US (and world) should read. It was triggered by the NBER analysis that the recession is over. Her question…

…chart ends in 2005 and we hadn’t had the big one yet. We were almost 3 more years past that when this recession started. But hey, the recession is ending….

…the United States, Canada, Britain, France, Germany, Italy and Japan — stopped short of declaring that the U.S. economy was heading for a recession and steered clear of recommending the…

…communication itself has a limitation. There is no way possible that he could project a recession. Even if he saw the possibility of a recession, he would not be able…

…be forming a recession? First, I have had the opinion that there are hidden weaknesses in the economy partly due to the strange monetary policy since the last recession. Some…

…bound for a long time. The economy does not want to risk a recession. Many point to Sweden as proof that raising interest rates would cause a recession. But the…

…come back to reality. Many companies have been overvalued. Now is the time to reset stock values. The difference between a recession and a resetion is that a recession hits…