The Great Recession?
Catharine Rampell in The New York Times Economix blog wonders if the most recent recession has earned the title, The Great Recession. She is leaning towards, “yes”.
Here is one graph that illustrates the impact on economic output from 10 post World War II recessions. No contest.
Economic Output in Recent Recessions
I teach principles of economics courses and a course in the economics of healthcare at Southern Oregon University.
