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.
Not exact matches
Russian markets, in recovery mode following a
deep recession after the global oil price collapse in 2015, have been ravaged
since Friday over fears
of U.S. sanctions.
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.»
To recover from the
deepest recession since the second world war - and to build, from the wreckage
of a broken economy built on debt, a new economy where we save and invest for tomorrow.
I wonder if you understand, my Tory Friends, that you are popular ONLY because David Cameron is not Gordon Brown, the Tories are not New Labour and it is obvious now, even to the most complacent, that we are heading for a
deep recession in spite
of the oft repeated boast that Gordon Brown was the best Chancellor
of the Exchequer
since King Alfred burnt the cakes?
Entering the ERM for political reasons, thereby creating the longest and
deepest recession since the war, and then being ignominiously ejected from the ERM showing the futility and folly
of the whole exercise, was the main reason why the Tory Party fell from grace, and still has not fully recovered.
With urban and suburban districts facing the
deepest budget cuts they've seen
since the
recession of the mid-1980s — and a milder
recession in the early 2000s — the prospects for comprehensive arts education in most K - 12 public schools appear bleak, and even schools with minimal programs may lose what they considered to be bare bones to begin with.
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.
US banks stand to collect a record $ 38.5 bn in fees for customer overdrafts this year, with the bulk
of the revenue coming from the most financially stretched consumers amid the
deepest recession since the 1930s, according to research.
During the period
since 1990, most
of these countries, unlike the US and China and India, have been in a
deep and extended economic
recession, which tends to suppress the growth
of fossil fuel consumption.
On top
of that, we were in the midst
of the
deepest recession we've had
since the Great Depression.
Work at the confluence
of international affairs, economics, politics and business drew Martin Harrison towards investment but without connections in the City it was not an obvious career path in 1980, during the
deepest recession since the Second World War.