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As dispiriting, prolonged and unprecedented as this recession has been, adults at least have the gift of perspective - a "this too shall pass" belief that things will get better. They always have. For children, there is no perspective. This is all new. Full Article at Huffington Post
Related Articles
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Kajal and Vishal Dharod paid $559,000 in 2006 for a new four-bedroom house built in Rancho Cucamonga, Calif. Today, it’s worth about $360,000. Full Article at Worcester Telegram & Gazette
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By Paul Glader Striking a humbler note after stumbling badly in the downturn, General Electric Co. executives are studying recession lessons as the corporate giant seeks new, more flexible ways to manage.About 1,000 top executives this year are going... Full Article at Wall Street Journal
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This first graph displays annual bank failures (data here) from 1930 to 2009, showing the two most serious banking crises in U.S. history, the Great Depression (9,146 banks failed from 1930-1933) and the S&L Crisis (2,935 banks failed from 1980-1994). Full Article at The American | American Enterprise Institute
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WASHINGTON - It's about to become official: The recession is over -- but not the pain. Full Article at Minneapolis Star Tribune
Related Quotes
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A recession that showed no signs of ending last January appears to be firmly entering the recovery phase
– Christina Romer SOURCE: Minneapolis Star Tribune -
From a technical perspective, the recession is very likely over
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Even when you've turned the corner, you have so much work to do
– Christina Romer SOURCE: Minneapolis Star Tribune -
Third quarter GDP is awful, with no positive news within the report
SOURCE: Al Jazeera
