…just matched the 1974 recession as the most severe drop in hours worked. the hours worked data is not as encouraging as the headline data. INDEX % SMT % Apr-08…

…for example, keeping them employed. If the recession becomes severe enough and long enough, of course, it could turn out those programs do not so much avoid the pain as…

…similar sized recessions while the Bush recession was much less severe. The main difference between the Reagan and the Obama budgets is that Obama is spending very large sums on…

…that the costs on lower and middle income households can be completely offset by returning allowance revenue to these households. Climate change poses severe risks for the US and the…

…it can take some soldiers a while to realize how severely they’ve been affected. Spc. Christopher Ottney hit his head in a vehicle rollover in Afghanistan in May 2008. He…

…of hours worked is now at 93.6 — versus 100.0 at the peak. This is a more severe drop than the 94.2 in the 1981-82 recession and almost as bad…

…DI TF depletion may well move up some as a result of this downturn, and the longer and more severe the recession gets the more effect we can expect to…

…to ever rising prices of houses in North America (and elsewhere). They say that if the housing bubble bursts it will have a much more severe effect on the economy….

…of the economy, causing a severe economic contraction and hardship for millions of people. But there’s a deeper and more disturbing similarity: elite business interests—financiers, in the case of the…

…the economy, causing a severe economic contraction and hardship for millions of people. But there’s a deeper and more disturbing similarity: elite business interests—financiers, in the case of the U.S.—played…