Read more recession depression stories on Newserhttp://www.newser.com/taggrid/37953/recession-depression.html2010 - Newseren-usNewser Feed Generator2010-03-22T15:56:51http://www.newser.com/story/83012/dr-doom-fears-a-double-dip-recession.htmlThere’s a debate raging over whether the US will recover quickly or undergo a painful double-dip recession . Guess which side eternal pessimist Nouriel Roubini is on? Dr. Doom doesn’t like the macroeconomic numbers he’s seeing. The horrendous consumer confidence, housing and employment numbers “actually suggest a significant downside risk even...http://www.newser.com/story/83012/dr-doom-fears-a-double-dip-recession.html2010-03-11T17:36:37http://www.newser.com/story/82691/arizona-dem-congress-we-need-a-paycut.htmlMany lawmakers are calling on Congress to once again forego its annual raise, but Arizona Democrat Ann Kirkpatrick is taking things a step further, proposing an $8,700 pay cut. That would amount to 5% of a House member’s base salary of $174,000, and $4.7 million in total...http://www.newser.com/story/82691/arizona-dem-congress-we-need-a-paycut.html2010-03-08T15:51:46http://www.newser.com/story/81682/lending-falls-at-fastest-rate-since-1942.htmlBanks tightened credit last year at what the Wall Street Journal calls an “epic pace,” recording their biggest full-year decline in loans outstanding in 67 years. The figure comes from a new FDIC report that paints the picture of a banking industry that, apart from a few top-tier players, is...http://www.newser.com/story/81682/lending-falls-at-fastest-rate-since-1942.html2010-02-24T15:03:16http://www.newser.com/story/81435/jobless-will-stay-that-way-for-years.html"Jobless recovery" is no mere catchphrase to the millions of Americans that the middle class has shed from its ranks. Many have been out of work for so long that they've exhausted unemployment benefits as the systems strains under what one expert says is "the reality of long-term unemployment" for...http://www.newser.com/story/81435/jobless-will-stay-that-way-for-years.html2010-02-21T15:18:39http://www.newser.com/story/81150/1-year-in-stimulus-has-saved-2m-jobs.htmlIt may not “yet feel like much of a recovery” to jobless Americans, President Obama concedes, but it’s thanks to the massive economic stimulus package passed a year ago “that a second depression is no longer a possibility.” Obama celebrated the anniversary of the recovery act today with a reminder...http://www.newser.com/story/81150/1-year-in-stimulus-has-saved-2m-jobs.html2010-02-17T17:40:16http://www.newser.com/story/79758/nonprofits-under-pressure-merge-or-die.htmlThe recession is ravaging the nonprofit sector, forcing many to consolidate or disappear, even as demand for their services rises. Over the past 15 years, the number of registered nonprofits doubled to 1.5 million organizations. Now, as funds dwindle—private donations fell 6% throughout the sector in 2008, their...http://www.newser.com/story/79758/nonprofits-under-pressure-merge-or-die.html2010-02-01T14:41:02http://www.newser.com/story/77360/income0-and-some-food-stamps.htmlThe recession has pushed millions from their homes and jobs, but there's a rising new class of economic victim—the American with zero monthly income surviving on food stamps alone. The New York Times examined states' data, and found that some 18% of food stamp recipients were in households with...http://www.newser.com/story/77360/income0-and-some-food-stamps.html2010-01-03T15:27:00http://www.newser.com/story/76190/poll-lays-bare-jobless-toll-on-families.htmlUnemployment is taking an alarming toll on the mental health and family life of American workers, a New York Times / CBS poll finds. Some 86% say unemployment has caused a life crisis. Almost half say they've suffered from anxiety and depression, they've argued more with their family and friends...http://www.newser.com/story/76190/poll-lays-bare-jobless-toll-on-families.html2009-12-15T15:33:33http://www.newser.com/story/75805/uk-to-tax-bank-bonuses-50.htmlBritain will levy a 50% tax on bank bonuses over $40,800 this year, in an attempt to shore up the nation's finances—and appease angry voters—ahead of the coming election. Alistair Darling slammed banks who paid out hefty bonuses even as Britain remains in recession: "Their priority should...http://www.newser.com/story/75805/uk-to-tax-bank-bonuses-50.html2009-12-09T19:52:53