It has been three decades since the United States suffered a recession that followed on the heels of the previous one. But it could be happening again. The unrelenting negative economic news of the past two weeks has painted a picture of a US economy that fell further and recovered less than we had thought.
When what may eventually be known as Great Recession I hit the country, there was general political agreement that it was incumbent on the government to fight back by stimulating the economy. It did, and the recession ended.
Showing posts with label USA Degradation from AAA. Show all posts
Showing posts with label USA Degradation from AAA. Show all posts
S&P Degrade USA AAA Rating
Posted by Duty Until Death | 8:25 PM | Downgrade USA Rating, USA Debt Crisis, USA Degradation from AAA, USA Double Dip Recession, USA Economy, USA Recession | 0 comments »
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