Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/Great Recession

Labor versus Market and Demand

…is now larger than after either the Great Recession or the 2001 recession. The rapid rebound occurred despite the historic employment declines during the pandemic recession. What looks almost like…

Paul Volcker Feb.20

…of the world is doing pretty well, and so long as the rest of the world holds up, for various reasons, including great growth of American exports, maybe we’ll get…

Accurate reporting

…dropped out of the labor force due to discouragement during and after the Great Recession and that there are more discouraged workers now than before the recession. These facts clearly…