Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
SlideshowReport

In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.

Description
In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it. It was no ordinary recession, something that comes every few years and is quickly overcome. Some economists called it a “contraction,” worse and longer-lasting than a recession. It was led by collapsing home prices, and the standard policies for fighting recession barely budged the flat economy. It is not clear if government programs or the mere passage of time slowly revived the economy.
Related Images
Add Comment
Explore
Post your homework questions and get free online help from our incredible volunteers
  1058 People Browsing
 114 Signed Up Today
Your Opinion
Where do you get your textbooks?
Votes: 328

Previous poll results: Do you believe in global warming?