In fact, the structural deficit left by the last government was largely due to tax receipts
falling after the recession caused by the banks.
As a result, local funding for schools
fell after the recession took hold, worsening the even steeper fall in state funding.
Not exact matches
Between June of 2009, when the U.S.
recession formally ended, and the last quarter of 2011 the S&P 500 rose 34 %, but the S&P / Case - Shiller home price index
fell 5 % (
after losing 31 % from peak to trough between 2006 and mid-2009).
Despite expensive cuts in corporate tax rates, private business investment never really recovered
after the 2008 - 09
recession — and some key components (like machinery and R&D spending) continued to
fall.
This occurred
after shock - price implosions in 1986 when Brent
fell to $ 9 per barrel (Riyadh deliberately flooded the market), in 1998 when Brent crashed to $ 10 (OPEC failed to see the Asian crisis coming and increased quotas as demand was
falling); and in 2008 at $ 36 (amid the Great
Recession).
Puerto Rico
fell into
recession in the mid-2000s, some ten years
after a tax break that once lured manufacturers and other commercial activity expired.
Bonuses reportedly
fell to 50 %
after the
recession, but that still meant that first - years were getting nearly $ 250,000.
Shortly
after we released that forecast the world
fell into the Great
Recession, so it didn't look too promising.
After falling 5.5 percentage points in the last
recession, this rate has slowly been climbing back — score one for the tightening narrative.
(Germany had
fallen into a balance sheet
recession after the IT bubble collapsed in 2000.)
Then in 2006,
after 30 years, those tax breaks expired, companies pulled out of the island, taking with them well - paying jobs and tourism, and the island
fell into a deep
recession.
Japanese Prime Minister Shinzo Abe announced a delay in a sales - tax hike
after the country unexpectedly
fell into
recession.
Indeed, Greece's economy
fell into
recession again in the first quarter as its GDP contracted by 0.2 %,
after shrinking 0.4 % in the previous period.
In most states capital spending
fell sharply
after the
recession hit, as did the non-capital school funding discussed in this paper.
Property values
fell sharply
after the
recession hit, making it difficult for local school districts to raise significant additional revenue through the property tax to make up for cuts in state funding.
The cuts
fall hardest on new and future teachers, particularly for teachers hired
after the
recession who do not plan to teach in the same state for 30 or more years.
After the real estate bubble popped and the economy
fell into
recession, many homeowners decided against leaving their homes and «trading up» or investing in new property, and instead focused on improving what they already had.
Earlier this year, the economy
fell into the technical definition of a
recession after it recoiled for two straight quarters.
Many people appear to have left their local labour market (as evidenced by a
falling participation rate), possibly discouraged
after having found it difficult during the
recession years to find, or retain, a job.
It reveals that the median income for middle class households
fell by nearly 5 percent between 2000 and 2014, and their median wealth (assets minus debt) declined by 28 percent
after the housing market crisis and the subsequent
recession.
Target Corp.'s stock
fell the most since the depths of the
recession in 2008
after the company said it would cut prices to win more customers.
According to Lawrence Yun, NAR chief economist, lost in this discussion are the numerous Generation X households who bought their first home, started a family and entered the middle part of their careers only to be rattled by job losses,
falling home values and overall economic uncertainty during and
after the Great
Recession.
Many forces are behind the rise, including
falling unemployment, soaring rents, increasing interest rates and millennials finally integrating into the workforce
after so much difficulty during and for several years
after the Great
Recession.
Watching the Federal Deposit Insurance Corp. step in
after high - flying banks collapsed during the Great
Recession reminds us that the bill still
falls on the taxpayer when the federal government doesn't guarantee the mortgage loans.
Falling incomes also help explain why consumer confidence remains shaky, three years
after the
recession ended in June 2009.
However,
after the recent
recession, even though home mortgages were still the largest share of total household loans, the share of home mortgages declined,
falling from 78.0 % in the first quarter of 2009 to 67.5 % in the third quarter of 2017.