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Lessons from the 2001 recession

Started by calm_girl, June 13, 2008, 11:41:40 PM

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calm_girl

Lessons from the 2001 recession
      


The U.S. government is currently putting $100 billion into consumers’ hands in the form of tax rebates, hoping the fresh cash will stave off a recession.
It’s a plan similar to the once the government followed in 2001, except at that point, the economy was already in a recession.
Back then, the National Bureau of Economic Research said the U.S.  economy entered [...]
         

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