Comments on: What happens when the economy goes in to recession? http://www.fn-live.com/what-happens-when-the-economy-goes-in-to-recession.html Loan and Financial Info Mon, 01 Feb 2010 15:06:52 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Mike G http://www.fn-live.com/what-happens-when-the-economy-goes-in-to-recession.html/comment-page-1#comment-169 Mike G Wed, 07 Jan 2009 11:49:48 +0000 http://www.fn-live.com/what-happens-when-the-economy-goes-in-to-recession.html#comment-169 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.fn-live.com/what-happens-when-the-economy-goes-in-to-recession.html/comment-page-1#comment-168 delujuis Sun, 04 Jan 2009 07:03:01 +0000 http://www.fn-live.com/what-happens-when-the-economy-goes-in-to-recession.html#comment-168 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.fn-live.com/what-happens-when-the-economy-goes-in-to-recession.html/comment-page-1#comment-167 Yo, Teach! Thu, 01 Jan 2009 08:03:02 +0000 http://www.fn-live.com/what-happens-when-the-economy-goes-in-to-recession.html#comment-167 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.fn-live.com/what-happens-when-the-economy-goes-in-to-recession.html/comment-page-1#comment-166 Michael R Tue, 30 Dec 2008 21:04:06 +0000 http://www.fn-live.com/what-happens-when-the-economy-goes-in-to-recession.html#comment-166 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.fn-live.com/what-happens-when-the-economy-goes-in-to-recession.html/comment-page-1#comment-165 willow Sun, 28 Dec 2008 23:11:14 +0000 http://www.fn-live.com/what-happens-when-the-economy-goes-in-to-recession.html#comment-165 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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