Posts Tagged ‘recession’

CONTROL Z

April 30, 2008

This Week: Schoolgirl Underwear, Uncomfortable Symbolism and American Ingenuity

SAT. APRIL 26: GARY WILSON AND KAREN
Mon | APR 21 President Bush appears on Deal Or No Deal as part of the most conceptually unpredictable presidency since Nixon invited a nation to sock it to him and then sent 24,000 troops back to Vietnam for involuntary second [...]

WORD OF THE DAY: STAGFLATION

January 30, 2008

stag / fla / tion: (n) sluggish economic growth coupled with a high rate of inflation and unemployment.
CNN gives us this happy news, headlined with “Economy much weaker than expected.”
For those who were born before 1980 Investopedia provides a bit of historical context: “[Stagflation is] not a good situation for a country [...]

THE CHAIRMAN SPEAKS

November 8, 2007

Fed head sees bad-ish, but not bad, times ahead
In testimony this morning before Congress’ Joint Economic Committee, Federal Reserve Chairman Ben Bernanke predicted “a host of economic problems, including the severe housing slump, will cause business growth to slow noticeably in coming months”, according to an Associated Press summary. Who’d have guessed that beneath [...]

 

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