recessions

Do you Have it?

I mean do have the extra cash to spend these days? well I find that I have not change my lifestyle drastically since the economic down turn began. I do wonder how long can I be comfortable like this...

UNEMPLOYMENT CLAIMS: 1975, 1982-83 and 2009

By SpencerThe weekly initial unemployment claims are widely reported and various charts show how they have been falling since the peak.But it is hard to compare the drop in claims this cycle compared...

Current Recession vs the 1980-82 Recession

By Spencer.We are getting an interesting debate between different economic bloggers today and I thought I would put in my two cents worth.Casey Mulligan at economix began it with an argument that the...

NBER generally gets it right

Brad DeLong suggested a bit before the U.S. election that there was virtually no non-political reason for NBER not to admit the United States was in a recession.*A little late, but they generally got...

John Lott Looks at Recessions and Rumors of Recessions and Concludes: Media Bias

Here is John Lott at Fox News telling us that all this talk about the economy being in recession is a media myth, and more, part of a pattern of the media trying to make Republicans look bad.He...