Archive for February, 2009

How will Republicans spin the coming recession to make it the Democrats fault?

recession
Zardoz asked:


Will Republicans take responsibilty for the recession?
Bernanke says addition rate cuts may well be necessary, but he says the economy is ok. Is it part of his job to lie?

Lee
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How does a recession affect the average person?

recession
moira77 asked:


I keep seeing news about the fact that a recession may be coming. I am curious as to how this affects a normal person, not involved with the stock market etc. For instance, will prices go up for food, clothing, etc? Are there any ways to prepare for a recession? Any ways to benefit from a recession?

Claude
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What is the difference between a recession and a depression?

recession
Scuba Steve asked:


What defines either? When do we know that we are in either a recession or a depression? What barometer is used?

Samuel
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Should I hold off on any major purchases cause of the recession?

recession
Tom B asked:


CNN says you should hold off making any major purchaces cause of the recession.
That makes no sence to me?
Wouldn’t people spending money on major purchaces help the economy?
This year I am planning on buying a new motorcycle and new furniture.

Terry
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