ECRI Still Adamantly Campaigning For A Recession
by: Dr. Duru November 9, 2011
November 7, 2011, Lakshman Achuthan of the Economic Cycle Research Institute (ECRI) appeared on CNBC again to talk about recession. Achuthan was very adamant in his insi…
I know this might read as very woe-is-us, but these are the facts: Nearly 14 percent of college graduates from the classes of 2006 through 2010 can’t find full-time work, and overall just 55.3 percent of people ages 16 to 29 have jobs. That’s th…
Does The ECRI Cause Recessions?
by: Dr. Duru October 3, 2011
The Economic Cycle Research Institute (ECRI) released a report on September 30, 2011 with the ominous title: “U.S. Economy Tipping into Recession.” The ECRI provides its full report …
There are actually two recessions:
The first is the cyclical one, the one that inevitably comes and then inevitably goes. There’s plenty of evidence that intervention can shorten it, and also indications that overdoing a response to it is a waste …
Econbrowser
September 07, 2011
Double Dip or Not? The Data and Policy Implications
We know that in the aftermath of combined housing busts, financial crises, and recessions, recoveries are typically modest if not halting, even if the recession is deep…
“The end of work” structural unemployment will not be solved with failed policies. We as a nation need a Plan B: social innovation aimed at rebuilding autonomy and community.
Those who have been jobless in this “jobless recovery” or in previous rec…
(repost – from back in January)
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STATE OF THE UNION: ECONOMY
The Phantom 15 Million
Taming unemployment starts with solving the mystery of the jobs that were supposed to have been created in the past 10 years but weren…
Wow, one gander at the jobs chart below, courtesy of Calculated Risk Blog, and it’s little wonder that the Thugs in Charge and the Fed Pigmen Politburo are in a panic.
Needless to say, this recession (none DARE use the term “depression” anymore!!!), i…
It’s Bear Time:
“Last week, I reviewed the rapidly deteriorating condition of our Recession Warning Composite . While year-over-year GDP growth has dropped to just 1.6% – a rate that has been followed by a new recession in 10 of the 12 times it has oc…
August 4, 2011
Time to Say It: Double Dip Recession May Be Happening
By FLOYD NORRIS
Double dip may be back.
It has been three decades since the United States suffered a recession that followed on the heels of the previous one. But it could be happen…
