Displaying all articles tagged:

Recession

  1. recession
    Doctors Overwhelmingly Back Medicaid Expansion for the UnemployedThe recession costs people their health insurance along with their jobs.
  2. president trump
    Trump’s COVID-19 Policy: I, Alone, Can Ignore ItIn the midst of a pandemic, the White House is working around the clock to protect the president’s fragile ego.
  3. joe biden
    Biden’s New Climate Plan Is Also His Stimulus PlanAnd that’s the best thing about his $2 trillion vision for making America run on 100 percent clean electricity by 2035.
  4. recession
    This Recession Is a Bigger Housing Crisis Than 2008Roughly 10 million Americans lost their homes to the foreclosure crisis. More than twice that number are at risk of eviction by October.
  5. the economy
    Congress Can’t Handle the Truth About the Coronavirus RecessionWith coronavirus cases surging, the U.S. economy has never been sicker, and Republicans are preparing to take it off life support.
  6. zoomers
    COVID Has Sent Millions of Adult Zoomers Back HomeThe coronavirus recession has hit young Americans especially hard.
  7. the economy
    The ‘V-Shaped’ Recovery Has Died of CoronavirusA swift rebound from the pandemic was always unlikely. But COVID-19’s resurgence has now rendered one impossible.
  8. recession
    Send Money to the States AlreadyBy withholding fiscal aid to states ravaged by the coronavirus, congressional Republicans are driving us toward a depression.
  9. the economy
    Coronavirus Is Killing Our Economy Because It Was Already SickWe built an economy around the whims of the few rather than the needs of the many. That’s bad for growth in normal times, and worse in a pandemic.
  10. the top line
    The Recession Started in February — And Is Probably Already OverWe are not out of the woods. But we are on the upswing.
  11. the economy
    Is This What a Recovery Looks Like?The economic data is brightening. But it’s still hard to reconcile Wall Street’s euphoria with Main Street’s boarded-up (and/or broken) windows.
  12. jobs report
    Why the Shockingly Good Jobs Report Might Be Bad NewsThe report indicates that unemployment is higher than its own official rate suggests. If Congress misses that caveat, it could undermine the recovery.
  13. the economy
    GOP Vows to Kill Only Thing Keeping Economy (and Trump) AfloatThanks to enhanced unemployment benefits — which Republicans are fighting to end — personal income actually rose in the U.S. last month.
  14. the economy
    Jobs Are Starting to Come Back, But Bankruptcies Are SoaringThe number of Americans receiving state jobless benefits fell by 3.8 million this week. But a giant wave of bankruptcies is building.
  15. just asking questions
    We’ll Need Mass Debt Forgiveness to Recover From the CoronavirusEconomist James Galbraith argues that a debt jubilee is a “practical necessity” for reestablishing a functioning economic system.
  16. the economy
    An Economist Who Called the 2008 Crash Says We’re In for a Long DepressionNouriel Roubini predicted the 2008 crash. Now, he’s warning that the America is hurtling toward food riots — and then a decade-spanning depression.
  17. coronavirus stimulus
    Dems Nix Anti-Recession Policy After Learning It Would Help Too Many PeoplePelosi cut automatic stabilizers from her party’s messaging bill because a CBO score made the policy look expensive (because it helps so many).
  18. stimulus legislation
    Trump to Pelosi: I’ll Help GOP Governors If You Cut Taxes on RichThe president is open to providing a little more aid to states (something many Republicans want) in exchange for capital gains tax cuts.
  19. the federal reserve
    Why Trump Might Be Right About Negative Interest RatesThe Federal Reserve opposes the radical stimulus policy. But it might be necessary to promote recovery.
  20. vision 2020
    Trump’s Odds of Winning Reelection Are Higher Than You ThinkWeeks into a historic recession, the president’s approval rating remains higher than it’s been for most of his tenure.
  21. markets
    Americans Expect the Stock Market to Flourish As They SufferA Federal Reserve survey finds U.S. households expressing record levels of optimism about stock prices — and pessimism about their own finances.
  22. conservatism
    The GOP Isn’t Cynical Enough to Save Us From a DepressionFor Republicans, some things are more important than winning an election — and denying aid to vulnerable workers is one of them.
  23. markets
    The Unemployment Rate Is 15 Percent. Here’s Why the Stock Market Doesn’t Mind.Investors have either lost touch with reality — or the need for a functioning society and labor market.
  24. coronavirus
    California Is Reckoning With Its Huge Budget DeficitsGavin Newsom is not engaging in any happy talk about quick economic recovery. And so his state’s fiscal picture looks dark as revenues collapse.
  25. the economy
    Meatpacking Crisis Shows Limits of Human Sacrifice As Recovery PlanTrump ordered plants to put maintaining the meat supply above keeping workers safe. But without better public-health policies, they can’t do either.
  26. coronavirus stimulus
    On Next Stimulus, Democrats Should Give Up a Lot to Get a LotTrump wants infrastructure and a payroll tax cut. GOP deficit hawks don’t. Democrats should offer to give him what they won’t.
  27. recession
    Ending Lockdowns Won’t Revive the Economy“Reopening the economy” won’t make consumers feel economically or medically secure enough to spend the way they did before COVID-19 arrived.
  28. oil
    Oil Is Crashing Again. It Could Take Whole Governments Down With It.As unwanted oil overwhelms storage capacity, many petro-states are poised for existential crises.
  29. recession
    26.5 Million Americans Lost Their Jobs in the Past 5 WeeksThe U.S. unemployment rate appears to be around 20 percent, double its Great Recession peak.
  30. conservatism
    It’s Insane That Federal Aid to States Is a Partisan IssueThe GOP is effectively treating “let’s make sure Oklahoma can afford to pay police officers” as an outrageous Democratic demand.
  31. florida
    Florida GOP Realizes Deliberately Impoverishing the Unemployed Has DownsidesRepublicans sabotaged the state’s unemployment system because they wanted to keep benefits and taxes low. Now, it’s crashing mid-pandemic.
  32. recession
    10 Million Americans Lost Their Jobs in the Past Two WeeksBefore the coronavirus, weekly jobless claims had never exceeded 700,000.
  33. the economy
    Fed Projection: Coronavirus Crisis Could Drive Unemployment to 32 PercentThe pandemic could force 47 million Americans out of work, according to new projections from the St. Louis Federal Reserve.
  34. the national interest
    Trump Wants Coronavirus Bailout for Oil and Hotel IndustriesOh, did you know his family is in the hotel business? Weird coincidence.
  35. coronavirus
    Coronavirus Is Imploding Global Financial MarketsAll kinds of indicators are flashing red, indicating that the disease will wreak major damage to the economy.
  36. the top line
    Here’s Why It Matters That Interest Rates Are CrateringDropping yields on safe, long-term bonds signal that the coronavirus may have a serious, negative, and persistent effect on the economy.
  37. the national interest
    Democrats Need to Plan Right Now for Republican Fiscal SabotageLock in stimulus for the next recession while Republicans are still interested in stopping recessions.
  38. the top line
    This Is How Trump Will Tank the Economy and His PresidencyTrump’s trade war might be headed into a self-reinforcing death spiral.
  39. the national interest
    Republicans Sabotaged Obama’s Economy and Assume Democrats Are Doing It to ThemTrump and his allies assume Democrats are trying to induce a recession. It’s classic projection.
  40. vision 2020
    Trump Assures Public He Isn’t Mulling Middle-Class Tax Cut to Stop RecessionTrump’s team denies that it’s mulling a payroll tax cut to preempt a recession, insisting that it’s only considering new tax breaks for the rich.
  41. intelligencer chats
    Trump’s Re-Election and the Recession RiskIntelligencer staffers discuss President Trump’s re-election chances in the context of a possible economic downturn.
  42. vision 2020
    How Would An Economic Downturn Affect the 2020 Democratic Contest?Democrats might look for an inspiring or reassuring figure–or might have to reason to worry less about electability.
  43. the top line
    Here’s What the ‘CRAZY INVERTED YIELD CURVE’ Means for YouAn unusual configuration of bond yields is not proof that we’re going into a recession. But there’s a reason the stock market is spooked.
  44. the economy
    Is It (Finally) Time to Start Worrying about a Recession?Intelligencer staffers discuss the growing likelihood that an economic downturn is looming.
  45. the national interest
    What Will Trump Campaign On If There’s a Recession?Gaming out what the president will say if he can’t say it’s the best economy ever. (Maybe he’ll just say it anyway.)
  46. the top line
    Today, Bad News Is Good News for StocksThe jobs numbers were dismal — but the market seems optimistic that Trump might get that rate cut he’s been asking for.
  47. the economy
    The Recurring Recession FearAn Intelligencer chat about how seriously to take another round of inauspicious economic signals.
  48. the top line
    The Trade War Is Getting Big Enough to Hurt the EconomyThe stock and bond markets are saying there might be a real problem.
  49. the top line
    Recession Worries Move to DEFCON 3But are bond markets signaling a flagging economy — or simply calculating the effects of Trump’s pressure campaign on the Federal Reserve?
  50. recession
    Restaurant Industry’s Sales Somehow Got Even Worse in DecemberIt could be the only time in 2016 that the entire industry posted negative sales growth.
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