With personal income declining, consumers are going to be hard - pressed to make the purchases necessary to pull
the economy out of recession and keep it from falling back into decline.
Not to undersell the riches of the fossil fuel industry — which Democrats keep forgetting to thank for hauling Barack Obama's moribund
economy out of recession after six grueling years — but I think Big Climate is worth more.
They've done this to increase lending and stimulate
the economy out of recession.
With fiscal spending at an all time high, we can expect it to be a good while before we make sustained gains in the market (usually fiscal spending like this brings
the economy out of recession, sparks inflation, then interest rate hikes and taxes, and then another recession before it's all worked out).
Instead of leaving rates high, because the general economy was not under that much threat, the Fed loosened down to unimaginable levels, mainly to force a bubble in US Housing, which would lead
the economy out of the recession, which it did and then some.
There was not a red box in sight on the images from the 15.11 from Wilmslow to Euston, as the man trying to steer
the economy out of recession headed back from his Cheshire constituency on a Friday afternoon.
The lawmaker, who criticised President Muhammadu Buhari for not having an independent economic team to drive Nigerian
economy out of recession, pointed out that many lives would have been lost before the current reforms are completed.
«Following the publication of these forecasts the Association will continue its dialogue with the main political parties to ensure they recognise the construction industry is key to sustaining employment and bringing
the economy out of recession.»
The group said selling strategic and viable national assets to take
the economy out of recession is inappropriate.
«It is designed to bring the Nigerian
economy out of recession unto a path of sustainable and inclusive growth.
The Institution has consistently highlighted the vital role that investment in the UK's Infrastructure will play in helping to move
the economy out of recession and is pleased to see this formally recognised in the Chancellor of the Exchequer's Statement.
His Left - wing rhetoric will alarm many Conservatives and business leaders, who point out that the Coalition is asking the private sector to take the lead in hauling
the economy out of recession as the public sector is cut back.
The FSB has long been saying that small businesses are the country's economic drivers and they can not play their part in pulling
the economy out of recession if they are faced with increasing taxes.
As we enter 2011 it is very clear that the US economy represents both the greatest potential for pulling the global
economy out of recession and the greatest threat of plunging the global economy back into a ruinous double - dip recession.
Coordinated International Response to Financial Crisis: To keep world
economy out of recession in 2009 and 2010, helped secure from G - 20 nations more than $ 500 billion for the IMF to provide lines of credit and other support to emerging market countries, which kept them liquid and avoided crises with their currencies.
This is not true, however, of Australia where, after four successive budget surpluses in the late 1980s, the Government has been able, responsibly, to run deficits to help
the economy out of the recession.
David says the expansion policy helped boost
the economy out of recession and is responsible for the modest growth we see now.
The president has been newly combative as he argues it's time to ease the harsh measures that were taken to help pull
the economy out of recession.
Abe has demanded more aggressive action from the central bank to end years of deflation and lift the world's third - biggest
economy out of recession.
Lane's comments this week leave little doubt that the central bank thinks it could use some help keeping Canada's
economy out of recession.
A new study shows just how critical minority businesses have been in digging the U.S.
economy out of the recession.
Most governments of developed countries have spent the last several years attempting at all costs to keep
their economies out of recession, and in doing so appear to have taken their eye of inflation.
Not exact matches
According to investors, therein lies the dilemma for Saudi policymakers: The country is only just pulling
out of recession, and the last thing that the
economy needs is a sustained dose
of tightening, Chenevix explained.
After the
economy started growing for a while — and considered
out of recession — the Federal Reserve raised interest rates to stop inflation.
For the last 10 years, my template has been that in a consumer
economy like that
of the US, a
recession happens when the average consumer runs
out of gas.
The ailment was the Great
Recession, which brought our
economy to near collapse and put millions
out of work.
Global demand has increased as
economies in Europe and North America lift
out of recession.
It says the U.S.
economy is weaker than the headline numbers indicate because the sharp
recession of 2008 - 2009 has thrown seasonal - adjustment factors
out of whack and they are inflating the smoothed, annualized growth numbers for output, employment, income and sales.
The trend has already taken a sizeable bite
out of Canada's resource - heavy
economy, possibly tipping it into
recession during the first half
of this year, and comes as Europe is still struggling with the fallout
of the last crisis in Greece.
If the most recent batch
of confidence surveys are any indication, consumers have just figured
out the global
economy may be headed for
recession.
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.
The last time rates were raised was nearly a decade ago; since then the Fed has pursued a policy
of slashing rates and keeping them low in an effort to wrench the
economy out of the Great
Recession and promote greater growth and consumption.
The province may finally be crawling
out of its deepest
recession since the dreadful 1980s, but it's a slow crawl, and years will pass before the
economy makes up the ground it lost.
Europe's
economy, having barely clawed its way
out of a
recession three years ago, is again tipping into a new one.
«So long as the Fed is in an accommodative mode and the
economy is
out of recession, the odds are that you will have a bull market,» David Rosenberg, chief economist at Gluskin Sheff and Associates, told the New York Times Tuesday.
As I've noted before, a
recession is essentially a time when the mix
of goods produced by the
economy has become
out of line with the mix
of goods demanded.
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.
While I'm not persuaded by the argument that Canada needs countercyclical Keynesian deficit spending (I think we're already
out of recession), I do know what fiscal policy I would consider worse: arbitrarily cutting spending in a weak
economy to balance the budget in light
of a revenue shortfall stemming from lower than expected nominal GDP.
To explain, I point
out that if the Fed had done nothing in response to the bust
of 2000 - 2002 then there would have been a severe
recession, but the
economy would probably have made a full recovery by 2004 and there would have been no mortgage - credit / housing - investment bubble and therefore no 2007 - 2008 crisis.
The government crisis now threatens to thwart the recovery
of the Italian
economy, which is badly in need
of reforms to help pull it
out of a two - year
recession and create jobs.
Some
of the board members at the Bank
of Japan have stated that investors can not rule
out a
recession in the third largest
economy.
If the U.S.
economy does indeed turn
out to be in
recession, what sort
of recession is it likely to be?
Now, a number
of people have pointed
out that we typically invert before a
recession and historically such inversions have been the case most
of the time — but not always if you go back far enough in time — and you should since this is not a normal
economy.
As we have long expected, the
economy is tracing
out a trajectory typical
of the weak recoveries that follow balance - sheet induced
recessions and credit crises caused by highly excessive debt.
«Cutting
out a cohort
of graduates who previously participated in this market will add another drag to an
economy only just emerging from the Great
Recession.»
About 500 companies cut or halted their dividends last year, the highest tally since the
economy was crawling
out of the Great
Recession in 2009.
A decade after having proclaimed the «end
of history» and the arrival
of a new world order
of prosperity based on «democracy and the market», globalised financial capital has subjected the majority
of the planet's working populations to the burden
of international
recession, which has spread
out in leaps and bounds, from Asia:
recession and deflation in the world's second
economy, Japan;
recession and even depression m various east Asian countries, since the first quarter
of 1997; the collapse
of the Russian
economy six years ago and financial bankruptcy in July 1998; brutal
recession in the leading
economy of Latin America, Brazil; the beginning
of the downturn in the
economies of the OECD countries.
His supporters might point
out that the 9/11 attacks hurt the
economy; that the
recession that hit in March
of 2001, his first year, probably really began earlier; and that the cost
of the wars in Afghanistan and Iraq and against terrorism have further weakened the
economy.
Economists were also qoted as saying this may have contributed immensely to the quick turnaround
of the national
economy which wriggled itself
out of recession much faster than the public had expected.
By June 2011, as the UK
economy headed for
recession, Balls had largely set aside the issue
of Labour's economic legacy and was locked in battle with George Osborne over how to lift the
economy out of a deepening slump.