Posts with the Tag 'Recession'

Easy Money And The Loss Of Character

Does character matter? We are obliged to say yes. Character must matter. But where does character show itself in the pre-eminent economic conundrum of our times – the market meltdown of 2008 and the deepening recession of 2009? Yes, Chrysler workers accepted pay and cuts to benefits to save their jobs. But that concession was […]

Are Recessions Bad?

By Richard G. Scott, December 20, 2008 The answer is yes. Recessions are unpleasant experiences for many businesses and the people who work for them, not to mention of course the people who ultimately lose their jobs during recessions. So then if recessions are bad, then we should just ban them, right? Why would we […]