Recession
in sentence
2506 examples of Recession in a sentence
If, like Japan in the late 1990’s and the US in 1937, they take the threat of large deficits seriously and raise taxes and cut spending too much too soon, their economies could fall back into
recession.
But
recession
could also result if deficits are allowed to fester, or are increased with additional stimulus to boost jobs and growth, because bond-market vigilantes might push borrowing costs higher.
The irrational exuberance that drove a three-month bear-market rally in the spring is now giving way to a sober realization among investors that the global
recession
will not be over until year end, that the recovery will be weak and well below trend, and that the risks of a double-dip W-shaped
recession
are rising.
Even if this logic fails, and Trump does cause a recession, America can afford it, just as the UK can afford Brexit.
Just as Britain once led Europe in fighting fascism, supporting democratic aspirations, and charting the continent's response to the global
recession
of 2008, it should be inside Europe leading from the front ranks.
Its citizens do not receive unemployment checks from Brussels the way that, say, Californians do from Washington, DC, when California experiences a
recession.
Because America’s GDP has recently been growing at an annual rate of only about 2% – and final sales at only about 1% – such a tax increase would probably have pushed the US economy into a new
recession.
As the worst
recession
since the1930’s continues, both the American and Chinese economies are bound to suffer further setbacks.
In November 2010, Skidelsky described British Chancellor of the Exchequer George Osborne as a “menace to the future of the economy,” whose policies “doomed” the United Kingdom to “years of interminable recession.”
Though she hasn’t confronted a crisis, she did help to sustain the US economy’s steady recovery from the 2007-09
recession.
Poland is the largest recipient of European funds and the only EU country that avoided
recession
during the crisis; indeed, it has experienced 23 years of uninterrupted growth.
Finally, Obama inherited the financial crisis and the subsequent Great
Recession.
Obama has also claimed that nobody knew how bad the Great
Recession
was going to be.
And yet, immediately after his election, I pointed out that, “This
recession
is the real thing, far worse than the two brief, mild recessions of the last quarter-century.”
Later, Obama expressed regrets that he had not communicated earlier just how bad the
recession
would be and that if he had, perhaps he could have made the stimulus bill much larger.
In that case, a
recession
can occur despite the central bank’s best efforts.
But Bernanke’s impressive research on the Great Depression does not mean that he can prevent the next
recession
or depression, for stopping deflation hardly solves all problems.
Almost all developed economies have left
recession
far behind, and the danger of deflation has disappeared.
While it is right to worry about massive deflation, the historical relationship between deflation and
recession
is not all that strong.
When the Soviet Union collapsed in 1991, the end of reliable trade and financial backing threw the Cuban economy into a severe recession, which abated only after the government relaxed some restrictions on private enterprise.
The
recession
ended in June 2009 – an achievement for which the administration did not get enough credit, despite the clarity of the turnaround.
Obama inherited a terrible legacy – recession, financial meltdown, Iraq, Afghanistan.
Pundits decry a “double-dip” recession, but in some countries the first dip never ended: Greek GDP has been dipping for three years.
Offshoring dropped during the Great
Recession
that followed the 2008 global financial crisis, but quickly rebounded, accelerating past pre-crisis levels.
Escaping the New Normal of Weak GrowthMILAN – There is no question that the recovery from the global
recession
triggered by the 2008 financial crisis has been unusually lengthy and anemic.
In order to rebuild the policy arsenal for the inevitable next crisis or recession, a prompt and methodical restoration of monetary policy to pre-crisis settings is far preferable.
In 29 of these cases, the breaches were permissible under the Pact’s original formulation, because the countries were in
recession.
Fiscal Follies in America and BeyondThose of us who know that long-run fiscal imbalances are likely to end in disaster – high inflation, deep recession, financial crisis, or all three – scratch our heads in bemusement at the priorities of George W. Bush and his administration.
Whereas higher interest rates on Italian government debt and a confrontation with the EU could lead to
recession
and even disaster – if it prompts threats of an “Italexit” from the euro – a more accommodating approach could forestall the worst.
While the
recession
of 2007-2008 caused higher-income groups to suffer more than lower-income groups (because the former tend to derive relatively more of their income from more volatile sources of capital income, as opposed to labor income), the opposite has been true since 2009.
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