Archive for August, 2011

Economy Not As Bad As It Seems – Seeking Alpha

Economy Not As Bad As It Seems
Seeking Alpha
In truth, they were badly done, but did save us from the Second Great Depression. We were falling into depression at two and a half times the rate we fell into the first one. These programs, while inefficient and too ineptly done, did save the day.

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Government, business needed for economic success – Asbury Park Press

Government, business needed for economic success
Asbury Park Press
The stimulus package averted a second Great Depression. Most economists believe more stimulus is needed for a recession this severe, but Tea Partiers (a minority), wanting only cuts, gridlocked Congress, unwillingly to compromise with the majority

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Forex focus: there’s no easy solution to our debt problems – Telegraph.co.uk


Telegraph.co.uk
Forex focus: there's no easy solution to our debt problems
Telegraph.co.uk
But the real issue facing most Western countries at the moment is that they can't all slash spending and refill the coffers at the same time without causing the second Great Depression. “Cicero would undoubtedly have disapproved of how the eurozone

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Short-term emergency actions will only bring short-term relief.-OECD – Balkans.com Business News

Short-term emergency actions will only bring short-term relief.-OECD
Balkans.com Business News
When the financial crisis first hit, policy makers rose to the challenge by stepping up international cooperation to avoid a second Great Depression. But now a Great Regression threatens if we don't show the same determination—both at home and across

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Obama Nominates Alan Krueger ’83 To Be Top Economic Adviser – Cornell University The Cornell Daily Sun

Obama Nominates Alan Krueger '83 To Be Top Economic Adviser
Cornell University The Cornell Daily Sun
“In the first two years of this administration, as we were dealing with the effects of a complex and fast-moving financial crisis — a crisis that threatened a second Great Depression — Alan's counsel as chief economist at the Treasury Department

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Vacation Complications (Think Generations) – Huffington Post (blog)

Vacation Complications (Think Generations)
Huffington Post (blog)
With all this talk of another recession and a slumping market, it's hard not to envision a second Great Depression — and you'd better believe that the people who were in the first one knew nothing of a week in some pointless paradise.

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Pete Hoekstra Calls For Repeal Of Wall Street Reform During Major Senate … – Huffington Post

Pete Hoekstra Calls For Repeal Of Wall Street Reform During Major Senate
Huffington Post
We need to hold banks and Wall Street accountable for the mess they created when we almost had the second Great Depression because of their financial recklessness." Hoekstra's campaign did not return a request for comment. Repealing the Dodd-Frank

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Princeton’s Alan Krueger nominated as Council of Economic Advisers chairman – Washington Post (blog)

Princeton's Alan Krueger nominated as Council of Economic Advisers chairman
Washington Post (blog)
In the first two years of this administration, as we were dealing with the effects of a complex and fast-moving financial crisis, a crisis that threatened a second Great Depression, Alan's counsel as chief economist at the Treasury Department proved

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Obama to Announce a Top Economic Team Pick Monday – Fox News (blog)

Obama to Announce a Top Economic Team Pick Monday
Fox News (blog)
"In the first two years of this administration, as we were dealing with the effects of a complex and fast moving financial crisis – a crisis that threatened a second Great Depression – Allen's counsel as Chief Economist at the Treasury Department

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Breaking windows in New York City – WND.com

Breaking windows in New York City
WND.com
Since the economy is not presently facing the prospect of a double-dip recession, but is rather sliding more deeply into the Second Great Depression, even economists who deny the obvious reality have been looking to the past for ideas about how the

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