Comments on: What happens when the economy goes in to recession? http://www.investors-daily.net/finance/what-happens-when-the-economy-goes-in-to-recession Financial Updates Wed, 08 Feb 2012 12:40:40 +0000 http://wordpress.org/?v=2.2.1 By: Mike G http://www.investors-daily.net/finance/what-happens-when-the-economy-goes-in-to-recession#comment-1360 Mike G Fri, 17 Jul 2009 14:03:55 +0000 http://www.investors-daily.net/finance/what-happens-when-the-economy-goes-in-to-recession#comment-1360 Jimmy Carter gets re-elected to president. You were READING today? Next time try reading a spelling book. Jimmy Carter gets re-elected to president.

You were READING today? Next time try reading a spelling book.

]]> By: delujuis http://www.investors-daily.net/finance/what-happens-when-the-economy-goes-in-to-recession#comment-1359 delujuis Tue, 14 Jul 2009 02:45:39 +0000 http://www.investors-daily.net/finance/what-happens-when-the-economy-goes-in-to-recession#comment-1359 the wealthy remain wealthy, and the rest of us suffer as always. the wealthy remain wealthy, and the rest of us suffer as always.

]]> By: Yo, Teach! http://www.investors-daily.net/finance/what-happens-when-the-economy-goes-in-to-recession#comment-1358 Yo, Teach! Sat, 11 Jul 2009 00:07:35 +0000 http://www.investors-daily.net/finance/what-happens-when-the-economy-goes-in-to-recession#comment-1358 This is part of the overall business cycle. After a period of growth, for various reasons, the economy slows down and can even contract (GDP gets smaller). This is referred to as a recession. The overall effects to regular people: Job loss: companies sell less products so they make their workforce smaller by "downsizing" people. Reduced spending cash: Hourly workers work fewer hours or no overtime thus leaving them less money to spend. Oddly, this only makes the recession deeper as their lack of spending causes more businesses to cut back as well. This is part of the overall business cycle. After a period of growth, for various reasons, the economy slows down and can even contract (GDP gets smaller). This is referred to as a recession.

The overall effects to regular people:

Job loss: companies sell less products so they make their workforce smaller by “downsizing” people.

Reduced spending cash: Hourly workers work fewer hours or no overtime thus leaving them less money to spend. Oddly, this only makes the recession deeper as their lack of spending causes more businesses to cut back as well.

]]> By: Michael R http://www.investors-daily.net/finance/what-happens-when-the-economy-goes-in-to-recession#comment-1357 Michael R Fri, 10 Jul 2009 07:18:40 +0000 http://www.investors-daily.net/finance/what-happens-when-the-economy-goes-in-to-recession#comment-1357 Economy slows down significantly, people lose their jobs, spendable income falls...People with a lot of money can make even more, as prices of real estate fall...Foreclosures, bankruptcies raise...Not good generally.. Economy slows down significantly, people lose their jobs, spendable income falls…People with a lot of money can make even more, as prices of real estate fall…Foreclosures, bankruptcies raise…Not good generally..

]]> By: willow http://www.investors-daily.net/finance/what-happens-when-the-economy-goes-in-to-recession#comment-1356 willow Thu, 09 Jul 2009 18:07:00 +0000 http://www.investors-daily.net/finance/what-happens-when-the-economy-goes-in-to-recession#comment-1356 don know looks like u can forget bout the supermarket n get some rambo arrrows to hurt rabbits for your din din don know
looks like u can forget bout the supermarket n get some rambo arrrows to hurt rabbits for your din din

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