Posts Tagged ‘recession’

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    Unopened Stimulus Packages

    Aug 19, 10 • 522 Views • No Comments

    Economists recently have been debating whether the $787 billion 2009 stimulus package has helped the economy. Perhaps first they should ask what has been spent. For a variety of reasons, recipients of stimulus money are not spending it. Dollars destined for......  [read more]

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    How Are We Spending Our Money?

    Aug 11, 10 • 576 Views • No Comments

    Has the recession changed how we spend? Here are the numbers that give some answers according to a summary from Michael Mandel, former BusinessWeek chief economist.: Since the 4th quarter of 2007, we have spent more on: 1) telephone equipment/up by 16.6% 2)......  [read more]

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    Start-up stories

    Aug 10, 10 • 621 Views • No Comments

    During 1939, in a garage, Bill Hewlett and Dave Packard started a new firm. Also in a garage, several decades later Steve Wozniak and Steve Jobs started Apple. Yes, Walt Disney worked in his uncle’s garage and Mattel, the toy company that makes Barbie......  [read more]

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    Unexpected Economic Indicators

    May 30, 10 • 636 Views • No Comments

    Instead of the G.D.P., CPI, and assorted leading and lagging indicators, economists also look at an entirely different set of data. Sometimes hemlines, movie star preferences, and everyday purchases provide business cycle evidence. During a plunge in economic......  [read more]

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    Is It Over?

    Apr 14, 10 • 706 Views • No Comments

    Imagine a “u” attached to a slightly (or considerably) higher upside down “u” and you are looking at 2 business cycles. A business cycle includes a peak, a contraction, a trough, and an expansion. Most people think that this......  [read more]