Instantpainrelief2008 asked:


During a recession, gas price goes down because people drive less. The cost of consumer goods also goes down because the cost of transportating those goods is less, and because people spend less money and buy less. This makes consumer goods more affordable for poor people who still have jobs. Agree or disagree?

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iamtruman asked:


I think U.S in already in recession. With dollar shrinking by the day and fear that the whole world might go down with the U.S, what do you do? Commodity prices are all time high too.

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James Zaworski asked:


An economic recession is defined as two consecutive quarters of no growth in the GDP, or negative growth in the GDP. What is the definition of “Depression”?

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appalachian_panther asked:


We know we’re in a recession - but what are the signs of a depression and are we there yet?

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Clinton asked:


I just recently landed my dream job with a major airline as an aircraft technician…I don’t start my first day of school till March and I heard that we could slide into a bad recession. Could this have a negative impact on my job?…thank you

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BlueLucario asked:


The cause of the high unemployment rate is the recession, so I ask you all. How is recession the cause?

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x asked:


Any ideas?

It’s called the “Pelosi recession” because it was caused by DEMOCRATS. Note that the recession started when DEMOCRATS took over congress. Six years of Republican congress = no recession. As soon as the Democrats came in = RECESSION.

Therefore to be fair and balanced the recession should be called the PELOSI RECESSION.

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Tom asked:


Even if gov spending let to the production of more tractors - who would buy the tractors during a recession?

How does government spending during a recession create more demand for a product?

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simone m asked:


I have been planning to live and work there for a good while now before the recent global recession began to been planning I hoped to live work there for a year possibly longer, so now I am wondering whats happening over there on the job front since this dark recession, I am in the UK and the jobs have been hit very hard Over here just like America, How is it for Vancouver and the rest of Canada? I was over in Vancouver last December- January 2008 and the jobs there were plentiful, how so now?

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toucansam456 asked:


The last time the US was in a recession, as I remember as a young child was in the early 90’s under the first Bush. I don’t understand how exactly a recession affects the economy, and how it differs from a depression.

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