Tag Archives: Recessions

The economics of personal responsibility

Posted on 3 December 2008 by dlhitzeman

Times are tough. Whether or not one agrees as to when the American economy entered a recession, it more than likely has entered one and will continue to be in one for the next several months. By most accounts, this will be the fifth recession I will have, God willing, lived through so far. If history is any indicator, I can expect to live through several more during my lifetime. […] Continue reading →

Posted in Economy, History, News, Society, Worldview Item of the Day | Tagged , , | 5 Comments

It’s official?

Posted on 1 December 2008 by dlhitzeman

The National Bureau of Economic Research, a non-partisan, private group of economists who track trends in the economy, has declared that the United States has been in a recession since December 2007. Their claim is based on the decline in payroll numbers in every month since then. […] Continue reading →

Posted in Economy, History, News, Worldview Item of the Day | Tagged , , , | 2 Comments