great recession

To raise rates now would be an unfortunate signal from the Fed that the current job market is as good as it gets.

The bankers behind the last one still have their get-out-of-jail-free cards.

The Great Recession wasn't a blimp on our landscape. Instead, it was a long, deep, drawn out tragic affair. Abercrombie & Fitch's sales and financial performance declined and employees were laid off.