Double Dip Recession

How Europe's Double Dip Could Become America's

Robert Reich | Posted 04.25.2012

Read More: Financial Crisis, Europe Recession, Europe Financial Crisis, UK Financial Crisis, Double-Dip Recession, Recession, Financial Reform, Business News
Robert Reich

What's the problem with Europe? Don't blame it on the so-called "debt crisis." There was no debt crisis in Britain, for example, which is now experiencing its first double-dip recession since the 1970s. Blame it on austerity economics.

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Recipe for a Double-Dip Recession

Robert Kuttner | Posted 04.02.2012

Read More: Economic Recovery, Spending Cuts, Budget Cuts, Payroll Tax Cut, Economy, Debt Deal, Bush Tax Cuts, Budget Deal, Double Dip Recession, Politics News
Robert Kuttner

With the economy just barely on a path to durable recovery, some very dumb fiscal chickens are coming home to roost on January 1 of next year. This grim coincidence is known as the Triple Witching Hour.

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Less Chance Of Double Dip Recession, But 2012 Forecast Still Fairly Gloomy

The Huffington Post | Alexander Eichler | Posted 12.29.2011

Read More: Economy 2012, European Debt Crisis, U.S. Economy, Housing Market, Housing Prices, Eurozone, Gdp, Unemployment, Economic Forecasts, Economic Outlook, Unemployment Rate, Double-Dip Recession, Hiring, Foreclosure, Gdp Growth, Video, Business News

The economy might avoid a worst-case scenario next year -- but that doesn't mean things are on track to go well. In a poll published Wednesday by C...

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Revenues Of U.S. States Back To Pre-Recession Levels

Posted 12.08.2011

Read More: European Debt Crisis, Video, State Taxes 2011, Pre-Recession Levels, Revenues Taxes, Tax Collections, State Taxes, State Tax Revenues, Double Dip Recession, State Revenues, Business News

WASHINGTON (Lisa Lambert) - Total tax revenues of U.S. states returned to pre-recession levels in the 2011 third quarter, a public policy institut...

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Bonnie Kavoussi

Crisis In Europe Threatens World Economy

HuffingtonPost.com | Bonnie Kavoussi | Posted 11.28.2011

Read More: European Debt Crisis, Video, Eurozone Breakup Risk, Eurozone, Mario Draghi, Double-Dip Recession, European Union, Eurozone Debt Crisis, Eurozone Breakup, Europe, Sovereign Debt Crisis, Recession, European Central Bank, Business News

As a breakup of the eurozone -- a once seemingly impossible scenario -- becomes increasingly likely, economists are starting to sketch out what a post...

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Wealthy, Nervous About Stock Market, Even More Concerned With General Economy

The Huffington Post | Alexander Eichler | Posted 11.22.2011

Read More: European Debt Crisis, Rich People, U.S. Economy, Super Committee, Wealthy, Double-Dip Recession, Wages, Stock Market, Economy, Affluence, Rich Americans, Wealthy Americans, Video, Business News

Not even the rich feel good about the U.S. economy. A recent survey of affluent investors found that over half of them are pessimistic about the pe...

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EU Warns Eurozone May Fall Into 'Deep And Prolonged Recession'

AP | By GABRIELE STEINHAUSER | Posted 01.10.2012

Read More: European Debt Crisis, Eurozone, Video, European Commission, Commissioner Mario Monti, International Monetary Fund, Double-Dip Recession, Premier Silvio Berlusconi, European Union, Greek Debt Crisis, European Central Bank, Business News

BRUSSELS -- The European Union warned Thursday that the 17-country eurozone could slip into "a deep and prolonged recession" next year as the debt cri...

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New Census Numbers Show Young Adults Are Flocking To D.C.

The Huffington Post | Posted 12.27.2011

Read More: Virginia, Census, DC News, Video, Young Adults, District of Columbia, Double-Dip Recession, Economy, u.s. Census Bureau, Maryland, DC News

WASHINGTON -- According to U.S. Census Bureau figures released Thursday, the Washington metropolitan area gained roughly 7,000 people between the ages...

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U.S. Ducks Recession For Now

Posted 12.15.2011

Read More: Manufacturing USA, Japan Earthquake, Double Dip Recession, US Recession 2011, Euro Debt Crisis, Double Dip Recession 2011, Video, Business News

WASHINGTON (Lucia Mutikani) - Consumers and businesses pulled the sickly U.S. economy back from the brink of recession in the third quarter but do...

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OECD Figures Indicate Economy's Future Continues To Darken

Posted 12.10.2011

Read More: Organization for Economic Cooperation and Development, Great Recession, Double-Dip Recession, Euro Debt Crisis, G7, Oecd, Video, Business News

(Vicky Buffery) - The outlook for the world's major economies is continuing to darken according to the latest data from the OECD published on Mond...

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Double-Dip Recession: How Bad Could It Be?

AP | By BERNARD CONDON | Posted 12.10.2011

Read More: Goldman Sachs, Congress, Video, Federal Reserve Chairman Ben Bernanke, Morgan Stanley, Wall Street, Great Recession, Double-Dip Recession, Economic Cycle Research Institute, Wells Capital Management, Jobs, Economic Recovery, Standard & Poor's 500 Index, Business News

NEW YORK -- Are investors overreacting to the prospect of a recession? The slightly better jobs report on Friday notwithstanding, the odds of a reces...

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Flat-Lining the Middle Class

Andy Kroll | Posted 12.06.2011

Read More: Ethnic-Wealth-Disparity, 99ers, Unemployment, Middle Class Economy, Double-Dip Recession, Wealth Disparity, Middle Class, Jobs, Economic Recovery, Politics News
Andy Kroll

The question on many economists' minds is: Will the U.S. slump into a double-dip recession? In the meantime, the middle class has flat-lined. Life support is nowhere close to arriving.

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Stop the Delusion: The 'Double Dip' Is Here

Daniel Wagner | Posted 11.25.2011

Read More: Financial Crisis, Double-Dip Recession, Recession, Business News
Daniel Wagner

Unless one is in the habit of considering night to be day and down to be up, there really can be no denying that the world is now formally entering a 'double dip' recession.

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Dow Sees Worst Week Since 2008

Posted 11.23.2011

Read More: Stock Market Plunge, Dow Jones, Global Economy, Double-Dip Recession, Recession Fears, Business News, Dow Worst Week, Financial Crisis, Video, Business News

NEW YORK (Reuters) - The Dow Jones industrial average on Friday suffered its worst week since the depths of the financial crisis in 2008, stung by...

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George Soros: U.S. Already In Recession

The Huffington Post | Harry Bradford | Posted 11.22.2011

Read More: Bloomberg, George Soros, Economic Policy, Tax Rates, Cnbc, Double-Dip Recession, Great Recession, Paul Krugman, Michael Spence, Ubs Wealth Management, Video, Business News

For months, people have been speculating about whether the U.S. economy will enter a double-dip recession. At least one billionaire says the debate is...

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Companies Where Employees Are Losing Hope

24/7 Wall St. | Douglas A. McIntyre | Posted 11.21.2011

Read More: Layoffs, Wall Street, Job Cuts, Double-Dip Recession, Job, Pessimism, Earnings-Per-Share, Longterm Unemployment, 24/7 Wall St, Recession, Business News

From 24/7 Wall St.: Some companies become so badly damaged because of changes in the competitive markets or due to poor management decisions that thei...

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GM CEO 'Clearly' Concerned About Possibility Of U.S. Recession

Posted 11.21.2011

Read More: Consumer Confidence, Wall Street, Double-Dip Recession, Carlyle Group, Carmakers, General Motors Co, Auto Industry, Shanghai, SAIC Motor Corp Ltd, Business News

(Kazunori Takada) - Pent-up car demand in the United States and slowing, but still growing sales in China, should soften concerns about the abilit...

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Fed Expected To Reach Half A Century Back Into Their Playbook

AP | PAUL WISEMAN and MARTIN CRUTSINGER | Posted 11.21.2011

Read More: Interest Rates, u.s. Treasurys, Congress, Unemployment, High Inflation, "Operation Twist", Double-Dip Recession, The Federal Reserve, Fed Chairman Ben Bernanke, Business News

WASHINGTON — The Federal Reserve said Wednesday it will shuffle $400 billion of its portfolio to try to drive down long-term interest rates and ...

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Job Creation And The G.O.P.

The New Yorker | James Surowiecki | Posted 11.19.2011

Read More: Approval Rating, John Boehner, Great Recession, Double-Dip Recession, Cnn, President Barack Obama, Tax Cuts, Gop, James Carville, American Jobs Act, Stiimulus, Eric Cantor, Business News

There is no truer truism in American politics than James Carville’s catchphrase from the 1992 election “It’s the economy, stupid.” When people...

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What Next For Greece And Europe?

New York Times | PETER BOONE and SIMON JOHNSON | Posted 11.15.2011

Read More: Credit Downgrade, Euro Bonds, International Monetary Fund, Double-Dip Recession, European Union, ?€œFiscal Dominance", Imf, g20, Tax Revenue, China, European Central Bank, Investors, Business News

Uncertainty about potential loan losses in Europe continues to roil markets around the world. For many investors, taxpayers and ordinary people there ...

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Back To School Shopping Fails To Boost August Retail Sales

Posted 11.14.2011

Read More: U.S. Retail Sales, Consumer Confidence, Video, Recession-Fears, Double-Dip Recession, Great Recession, Consumer Sentiment, Consumer Spending, Business News

Growth in retail sales stalled in August, hurt by a pitched battle over spending in Congress and raising fresh questions about the country's abili...

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An Alternate Diagnosis for Bleak Consumers

Carol Pierson Holding | Posted 11.14.2011

Read More: US Economy, Consumer Confidence, Ben Bernanke, Consumer Spending, Double-Dip Recession, Business News
Carol Pierson Holding

The move to replace Gross Domestic Product as a measure of America's prosperity with some other non-economic measure has evolved from an impractical dream closer to reality.

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Living With Mom And Dad Can Have Negative Effects On Economy

WSJ | Phil Izzo | Posted 11.13.2011

Read More: Census, Households, Housing and Household Economic Statistics Division, Great Recession, Double-Dip Recession, Living at Home, Economic Recovery, Consumers, u.s. Census Bureau, Wsj, Parents, Business News

By Phil Izzo of the Wall Street Journal More people are living with family amid high unemployment rates and a slow economy, but while the phenomeno...

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10 Cities With The Biggest GDP Growth In 2010

The Huffington Post | Harry Bradford | Posted 11.13.2011

Read More: Goldman Sachs, JPMorgan Chase, Great Recession, Double-Dip Recession, President Barack Obama, Manufacturing, Economic Recovery, American Jobs Act, Gdp Growth, Slidepollajax, Moody's, Bureau of Economic Analysis, Business News

For some of the country's largest cities, last year was a good one for growth. None less than the technology hub otherwise known as San Jose. Metr...

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Wealthy More Pessimistic About Economy Than Other Americans: Gallup

Posted 11.13.2011

Read More: Consumer Confidence, Recession-Fears, Wealthy Americans, Double-Dip Recession, Great Recession, Business News

Wealthy Americans are less confident in the U.S. economy than other Americans for the first time since the financial crisis, heightening the risk of a...

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