Recession
Economic Issue
Darrell Delamaide's Political Capital: Hoover vs. Keynes -- Who's winning the debate...point in the economic recovery. In a Fox News interview last week, Obama said that adding further to the debt could cause people to lose confidence in the U.S. economy and lead to a double dip recession. (Krugman's response: "What? In this article: Barack Obama, Herbert Hoover, Unemployment, Paul Krugman, John Maynard Keynes, Franklin Roosevelt, Recession, and Nobel Prize |
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Indiana Times - The Economic Times | November 21, 2009
Bubbles will continue inflating for a long time
...the world with dollars at virtually zero interest. To check the possibility of a double-dip recession, the US Federal Reserve looks certain to follow an easy money policy for a long time. Economists like Paul Krugman are calling for a fresh...
In this article: Inflation, Deflation, The Fed, India, Unemployment, Bankruptcy, IMF, US, and All rights reserved
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Huffington Post | 7 days ago
US Debt A 'Phantom Menace,' Krugman Argues
...of this recovery, that at some point, people could lose confidence in the U.S. economy in a way that could actually lead to a double-dip recession." Krugman's response: "What? Huh?" [T]he concerns Mr. Obama expressed become...
In this article: Paul Krugman, United States, Barack Obama, Social Security, and Medicare
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Seeking Alpha | November 19, 2009
The Emerging Shape of Our Distorted Economic Recovery
...do. That is why Paul Krugman, a model man himself, wrote his introspective piece in the N.Y. Times on how was it so many economist got it wrong and did not foresee the financial crisis and seriousness of the recession that was coming. He...
In this article: Unemployment, U.S., Revenue, Tax, Paul Krugman, Washington, Financial crisis, and FDIC
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Las Vegas Sun | October 29, 2009
Incurring deficits no way to spur growth
...happened with 14% spent. As the financial system intervention is unwound the stimulus must also be unwound to lessen the impact on the deficit, prevent runaway inflation, and avert a double dip recession. Paul Krugman has come to tell...
In this article: Barack Obama, Inflation, Tax, Paul Krugman, George W. Bush, Revenue, Unemployment, Federal Reserve, and Nancy Pelosi
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Indiana Times - The Economic Times | August 10, 2009
India needs growth, not caution: Krugman
..., Nobel laureate Paul Krugman, who teaches Economics at Princeton University, has publicly lauded US Federal Reserve chairman Ben BernankeaEUR™s efforts to pull the worldaEUR™s largest economy out of the ongoing recession. In a...
In this article: Paul Krugman, US, Unemployment, Asia, Economics, Princeton University, US Federal Reserve, Alan Greenspan, and China
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ThinkProgress | November 16, 2009
Is Work Sharing A Viable Solution To The Unemployment Problem?
...program, along with strong labor protections. As Krugman wrote, the measures "didn't prevent a nasty recession, but Germany got through the recession with remarkably few job losses. " Plus, as Peter Dorman at EconoSpeak noted, work...
In this article: Jack Reed, Paul Krugman, Dean Baker, Unemployment, Inflation, and Center for Economic and Policy Research
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The Corner on National Review Online | 7 days ago
More Evidence of the Power of Tax Cuts Over Government Spending -- By: Veronique de Rugy
...to reduce deficits and debt over GDP ratios than those based upon tax increases. In addition, adjustments on the spending side rather than on the tax side are less likely to create recessions." Are you listening, Mr. Obama and Mr. Krugman?
In this article: Tax, Alberto Alesina, and Paul Krugman
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The Big Picture | October 14, 2009
Mish vs ECRI vs Krugman
...interesting debate between a coupla bright guys: Mish vs ECRI vs Krugman. • It began with Mish challenging ECRI's claims of forecasting the recession. • Krugman points out that "in a zero-interest rate world - the three-month rate was...
In this article: Inventory and Paul Krugman
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Sydney Morning Herald - Business | October 17, 2008
Krugman predicts 'nasty' US recession smh.com.au
Krugman predicts 'nasty' US recession | smh.com.au Krugman predicts 'nasty' US recession The winner of the 2008 Nobel Prize for economics said the US is plunging into a ``nasty recession'' with a ``lot of suffering'' to come, even if policy...
In this article: Paul Krugman, US, Economics, Bloomberg Television, Nobel Prize, Princeton University, and Elle Macpherson
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Description from Wikipedia:
In economics, a recession is a general slowdown in economic activity over a long period of time, or a business cycle contraction. During recessions, many macroeconomic indicators vary in a similar way. Production as measured by Gross Domestic Product (GDP), employment, investment spending, capacity utilization, household incomes and business profits all fall during recessions.
Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation.
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