Sentences with phrase «deeper recession as»

Not even the Greens are advocating a longer, deeper recession as the way forward.

Not exact matches

The Facts: Obama's $ 787 billion package was not an infrastructure bill, but a catchall response to a deep recession, with public works projects as a significant part.

Cha founded the Richmond, Virginia - based business in 2009, as the U.S. was slowly emerging from deep recession.

The head of the World Trade Organization warned of a real risk of triggering an escalation of global trade barriers and a deep recession, even as financial markets and many economists started to discount the risk of a global crisis.

Things start out looking pretty dire, as the economy fell into its deep recession through mid-2009, with the S&P 500 reaching a minimum in March of that year.

Much of the shortfall through the first year of President Obama's second term dates back to the deep hole he inherited from George W. Bush as the economy plunged into the Great Recession at the end of 2007.

The paper says the global economy is now «almost certainly headed for a deep and prolonged recession,» and notes that global markets have already fallen as far as they did in the Great Crash of 1929.

Not only did he want continuity at the Fed, but the president said he needed Summers by his side in the White House as he tried to lift the economy out of a deep recession, according to people familiar with the conversation.

Under the more adverse scenario of a longer and deeper recession, the two - year loss rates on average across the 19 banks were projected to be as high as experienced during the Great Depression.

As we know, the materialisation of some of the risks that had built up in the financial system, followed by a financial crisis, deep recessions and slow recoveries, has meant that much more has been demanded of central banks in recent years, especially those in the major jurisdictions.

The economic crisis, previously viewed as an indispensable ally in helping the President enact the agenda, now appears as a malevolent agent, and a perversely ill - timed one at that, since, as Hendrik Hertzberg of The New Yorker explained, «the longest and deepest mass suffering» of the Great Recession, in contrast to the Great Depression, «has occurred with Obama in the White House.»

He described Ed Balls as the architect of the deepest recession, the biggest budget deficit and the largest housing crash.

AS GOVERNMENTS struggle to prevent the global financial crisis turning into a deep worldwide recession, attention is also turning to the longer - term problem: how to avoid a similar crisis happening again.

We should have as an important theme in our classrooms the great financial crisis that erupted in the fall of 2008 and the deep global recession that followed in its wake.

Indeed, the majority has called in the past for a cut of $ 1 trillion in NDD funding.100 At the federal level, NDD spending is poised to be at its lowest, as a percent of GDP, since 1962, the lowest point on record.101 With states still struggling to stabilize their budgets after the 2008 recession, a deep cut in NDD would halt positive momentum toward recovery.

With several automakers abandoning the lease market, the deep economic recession battering consumers, and the quality of vehicles rapidly increasing, it should come as a shock to no one that the number of Americans keeping their cars for more than four years is rising quickly.

They provide protection against sharp declines in the market as we witnessed during our most recent deep recession and in previous economic downturns.

1 out of 7 times it appears before a deep recession, as in 1971.

As lenders consider how to move beyond recession - based management strategies and intelligently re-enter the world of originations and portfolio profit maximization, they can take comfort in the fact that deeper insight about consumer credit behaviors can identify profitable opportunities and expose segments that require increased risk mitigation.

Trochlear recession involves cutting out the cartilage and bone in such a way as to create a deeper trough.

Today I don't have that option as I don't drive, but I have gotten my art into a couple of places as after the Deep Recession and because of his illness I was not able to keep up my accounts with those 20 different stores.

Born in the mid-late 2000s as its older sister Williamsburg to the West began to professionalize, this noisily industrial, dirty artist haven got a reprieve from gentrifying forces when the deep recession slowed the rise of rents for artist spaces, which remained still relatively cheap by Manhattan's standards.

Deep in the current world recession, apparently far worse than that of the 30s and in post WWII Britain, and as gold prices head towards $ 5,000 (# 3,127) an ounce, curiously in Sotheby's Modern & Post-war British Art sale the estimated price for this piece exactly matches the earlier Christie's estimate.

Even this recession, though longer and deeper than most due to the role of the housing bubble, credit crisis, and huge over-leveraging of the U.S. economy, will be temporary: as the imbalances are worked off, the economy will recover, and growth will eventually resume.

«To suggest that the deep - and long - running recession, in sectors such as steel, has undermined the ambition of the European trading scheme is naive and short sighted.

This is the case in economics today, where Keynesian economists are attacked for their advocacy of «fiscal stimulus» to promote recovery from a deep recession; and in biology, where evolutionary biologists are attacked as atheists because they are steadfast in their findings that the earth is billions rather than thousands of years old.

As I see it, this recession is deeper and potentially more far reaching than the downturn of 2001.

The recovery from the deepest recession since the Great Depression has been filled with fits and starts and has generally been perceived as lackluster.

Prognosticating during a recession as long and deep as we have seen the last couple of years is a tricky business, indeed.

The good times were relatively short - lived, as markets became glutted with vacant units and a deep real estate recession cast a gloom over the land.

It is critical as we begin to pull out of the deepest recession in our history that we are strategic and objective