The shortest answer is the Great Recession and austerity policies of EU policymakers. What austerity policies? In the UK's case, it was raising taxes in 2010 while cutting government spending in an attempt to pay down debt incurred during and by the Great Recession of 2008-09. Show More Summary
This article by David Haggith was first published on The Great Recession Blog. Brexit — the second major landslide in the Year of the Epocalypse — has bankers all over the world scrambling to pick up and prop up their crumbled facades this week. Show More Summary
Donald Trump’s economic policies are so bad that they would produce the longest U.S. recession since the Great Depression, a report from economists at Moody’s Analytics found last week. Assume, as the economists did, that Trump could...Show More Summary
Most-Recent Must-Reads: Danny Yagan: [Enduring Employment Losses from the Great Recession?: Longitudinal Worker-Level Evidence](http://equitablegrowth.org/?p=27511) Cardiff Garcia: [Alphachat: Alan Taylor on financialisation, business...Show More Summary
Over at [Equitable Growth](http://EquitableGrowth.org): Must-Reads: Danny Yagan: [Enduring Employment Losses from the Great Recession?: Longitudinal Worker-Level Evidence](http://equitablegrowth.org/?p=27511) Cardiff Garcia: [Alphachat:...Show More Summary
This article by David Haggith first published on The Great Recession Blog. At long last the tyranny of the global financial elite has been slammed good and hard. You can count on them to attempt another central bank based shock and awe...Show More Summary
This article by David Haggith first published on The Great Recession Blog. Regardless of the extent to which global fear mongers are right about the economic catastrophe that will hit every shore of the world after the Brexit, the most...Show More Summary
It was the midst of the Great Recession, and about one in ten people across the U.S. were out of work. Amadou was one of them. Unemployment benefits helped his family, for a while. But he had worked for a low wage, and his benefits were only a fraction of that—and then they ran out. [...] The post Telling Stories that Move Donors to Give appeared first on FundraisingCoach.com.
Back in 2008, I watched so many students tend bar or wait tables to help support themselves through college. Once they finally emerged with degrees during the Great Recession, NO HIRING signs were everywhere. Some kept pocketing those tips and waited for company hiring to refresh. Show More Summary
The rise in inequality in the United States, which began in the late 1970s, continues in the post–Great Recession era. This rising inequality is not just a story of those in the financial sector in the greater New York City metropolitan area reaping outsized rewards from speculation in financial markets. Show More Summary
The following article by David Haggith was first published on The Great Recession Blog. The economics world is all a-chatter about how central banks and their member banks have moved interest rates beyond the zero bound to charging negative interest rates. Show More Summary
Income inequality has risen in every state since the 1970s and in many states is up in the post -- Great Recession era. In 24 states, the top 1 percent captured at least half of all income growth between 2009 and 2013, and in 15 of those states, the top 1 percent captured all income growth. Show More Summary
Cue the spin from New York Times: The seven-year period since the end of the Great Recession has become one of the longest economic expansions in American history and, at the same time, one of the most disappointing. The Fed, in a statement announcing its decision, noted what had become a typical mix of good […]
The Pew Research Center just released its annual examination of American news media, and the numbers are grim. 2015 marked the newspaper sector’s worst year since the Great Recession, with average weekday circulation for both print and digital subscriptions falling another 7 percent, the biggest dip since 2010. Show More Summary
Growth in the US is weak. Wages are stagnant, corporate earnings growth is anemic, and consumer spending is wobbly. The Great Recession has been over for years, but it certainly doesn't feel like it. New research suggests that a specific...Show More Summary
If we can’t increase the demand for labor, we could go the other route and share the amount of work available more evenly. More than eight years after the start of the Great Recession, our labor market is far from recovering by most measures. Show More Summary
This article by David Haggith was first published on The Great Recession Blog. Have you ever wondered why politicians make some immigration illegal and then turn a blind eye to illegal immigration wherever it is happening … for decades?...Show More Summary
Millennials have come of age amid the bursting of the housing bubble, perpetual war and the Great Recession. Live with your parents again? Chances are you’re not lazy, or a loser, or any other stigma that might be hovering in your subconscious...Show More Summary
Even though we’re seeing impressive recovery from the Great Recession, many companies are still on edge, considering low profits and... The post 4 Things Your Boss Doesn’t Want To Hear (And What To Say Instead) appeared first on Lifehack.
Students of history know that “the one percent” are not an invention of the recession. In the U.S., income inequality flourished at its highest level more than 80 years ago, just before the Great Depression, when Walker Evans was dispatched by the Farm Security Administration to document small-town life and the successes of the New Deal.