Skip to main content

Escape From Recession -- In These Times

Escape From Recession -- In These Times: "The basics

Economies depend on robust demand. When folks stop buying, when investors leave the room, when governments stop building and improving public goods, growth grinds to a halt. And when that happens, the job machine stalls, unemployment rises, those with jobs work fewer hours, wages rise more slowly, and incomes decline, especially for the lowest earners and many minorities.

The last two recessions—in the early ’90s and early 2000s—led to declines in the typical family’s income by about $2,500 (in today’s dollars). That ain’t peanuts.

Such a potential income loss is especially worrisome now, as the inflation-adjusted median family income actually remains about $1,000 below where it stood in 2000. If recession is imminent, this would be the first time that real incomes at the end of a recovery have not exceeded those at the previous economic peak."

Comments

Popular posts from this blog

29 Pages Revealed: Corruption, Crime and Cover-up Of 9/11 :  Information Clearing House - ICH

29 Pages Revealed: Corruption, Crime and Cover-up Of 9/11 :  Information Clearing House - ICH


By Kristen
Breitweiser



July
17, 2016 "Information
Clearing House
"
- "HP"
-  First and foremost, here is what you
need to know when you listen to any member of
our government state that the newly released 29
pages are no smoking gun — THEY ARE LYING.



Our government’s relationship to the Kingdom of
Saudi Arabia is no different than an addict’s
relationship to heroin. Much like a heroin
addict who will lie, cheat, and steal to feed
their vice, certain members of our government
will lie, cheat, and steal to continue their
dysfunctional and deadly relationship with the
KSA — a relationship that is rotting this nation
and its leaders from the inside out.



When CIA Director John Brennan states that he
believes the 2…