…median weekly wages declined substantially during each recession as well. Below I have broken out this data in chart form, showing the pre-recession high and recession or post-recession low in…

…last week. To wit: there are several metrics that I have already stated are worth a “recession watch;” namely, housing units under construction (down almost 20% from peak), and the…

…housing remains recessionary – in fact, by most measures a recession should already be underway, the more leading indicators suggest that if it does not happen in the next few…

…again worse than the gains. Even the 24 months that follow the 1980 recession—half of which were the first 3/4 of the 1982 recession—show a net positive gain in Private…

…Research (or NBER, the body that “officially” dates when a recession starts and ends) declared the recent economic recession to have ended….[I]t is reasonable to assume Texas has accounted for…

…of Bowie’s oeuvre had provided a level of patronage that’s inconceivable for a musician of Bowie’s bent today…he spent the Nineties as a free agent, jumping from label to label,…

…high cost of American health care. I begin by explaining the origin and meaning of the “single payer” label. I will then describe the two defects in S 1129 in…

…protects the public from food-borne illnesses. It issues nutritional advice and drug labeling guidelines. It polices false medical claims on packaging and in advertisements. It safeguards about one in every…

What caused the recession of 1960? Here is an answer given at timerime.com. “The recession of 1960-1961 was mainly due to the high inflation, high unemployment rates, and a bad…

…than 2 years later.” But that is, indeed, what happened. Call that recession “Recession # 2.” Interestingly enough, Recession #2 didn’t end until after a tax hike, which makes for…