…the Bureau of Labor Statistics. Note that the data are indexed to the onset of the recession, December 2007, where 100 implies that employment is now at its pre-recession level….

…and it showed that recessions that were accompanied by marginal tax rate cuts were followed by shorter, slower expansions than recessions that weren’t accompanied by marginal tax rate cuts. (Expansion,…

We are now almost 24 months into the Great Recession. While many expect NBER will eventually say that The Great Recession ended several months ago, they have not yet. By…

…for almost three years and well before the current recession was even underway. The recession did have the effect of making DI’s outlook deteriorate, but that was only to accelerate…

…haven’t been personally affected by this recession, you probably know someone who has – a friend; a neighbor; a member of your family. You don’t need to hear another list…

…now know was already an economy in recession. Will there come a time when we are kicking our collective selves because we clung too long to ‘Nothing’? Well almost certainly…

“There will be lots of things to fill it back up again, Michelle.” (about 3:15 in) Still waiting….

I thought I would start posting charts like this to show the major economic indicators compared to what happens historically in economic downturns. It should help people put the data…

Dr. Chinn begins his post by quoting the President’s year-end list of accomplishments: The Economy Is Growing And Creating Jobs. Since May 2003, the economy has added nearly 4.5 million…

…in ’90 and ’00 played a role in the mild recessions that followed. Muellbauer and Nunziata even predicted the U.S. recession of 2001 partly based on oil prices. Given the…