Archive for Recession

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How would a recession in Britian affect the United States? 10 points best answer?

Question by Lyn-Z: How would a recession in Britian affect the United States? 10 points best answer?
20,000 jobs in Britain have been lost last month. If Britain enters a recession someday, what are the possible effects it will have on the United States?
Best answer:
Answer by avgjoeIf Britain falls into recession the US dollar should get [...]

Q&A: Are we headed for a severe economic recession?

Question by Jane Doe: Are we headed for a severe economic recession?
The all over the map gas prices, the dwindling real estate market, the federal interest rate climbing, the quiet lull before presidential elections… are we headed for a severe economic recession? Pharmaceuticals, food prices, clothing prices, rental and goods keep rising … [...]

Q&A: When the US is in a recession why does America vote for Democrats?

Question by Ray: When the US is in a recession why does America vote for Democrats?
I have notice this through a brief history. FDR democrat, Clinton democrat Obama democrat..the only exception was reagan
Best answer:
Answer by Benjamin FranklinTo repair the damage of the Republicans
Know better? Leave your own answer in the comments!

Q&A: How has the current economic recession affected farmers in the United States and beyond?

Question by Aaron: How has the current economic recession affected farmers in the United States and beyond?
i have heard a lot about the current economic recession in how it has affected various businesses, big and small, but what I haven’t heard so much about is how farmers have been affected. So, the title of my [...]

Q&A: Is the recession good for poor people who still have jobs, but bad for others who have lost their jobs?

Question by Instantpainrelief2008: Is the recession good for poor people who still have jobs, but bad for others who have lost their jobs?
During a recession, gas price goes down because people drive less. The cost of consumer goods also goes down because the cost of transportating those goods is less, and because people [...]

How would a recession affect the average American?

Question by toucansam456: How would a recession affect the average American?
The last time the US was in a recession, as I remember as a young child was in the early 90’s under the first Bush. I don’t understand how exactly a recession affects the economy, and how it differs from a depression.
Best answer:
Answer by GhettoBlasterI [...]

With the world sinking deeper into a global recession, are we on the verge of repeating the…?

Question by Deborah: With the world sinking deeper into a global recession, are we on the verge of repeating the…?
…history of the 1930s?
Countries like Russia and Iran whose only source of income depends on exporting oil to keep their governments afloat are finding it difficult to keep their populations in check due to massive unemployment. [...]

When was the last recession in US and housing recessions and how long before either market rebounded?

Question by William Hoffman: When was the last recession in US and housing recessions and how long before either market rebounded?
I am looking to see how the technology sector performed after the last recession and inparticulary after the last housing recession. Thank you.
Best answer:
Answer by RE its what i doHi William,
The economy in this country [...]

Unique and historic cause of recession – and a unique remedy?

Question by PS: Unique and historic cause of recession – and a unique remedy?
When (not if) we go into recession because of the home mortgage default debacle, it will be the first time in history that a recession can be pin-pointed to a single cause, and we actually and literally have the names of the [...]

Is this the longest recession in history?

Question by Lea: Is this the longest recession in history?
Besides the one that turned into the depression that is. I see the common opinion on here is that this recession will last A LOT longer. If people think this then it is my assumption that everyone will continue spending less money, which will keep recession [...]