Tag: economic depression

More Americans Are Struggling to Pay for Food, Bills Amid Soaring Inflation

As inflation continues to remain elevated, more Americans are finding it difficult to pay their bills, according to a survey by LendingTree. The survey found that 40 percent of Americans are now less able to afford monthly bills, a slight increase from the more than 38 percent from the same time in 2021. Sixty-two percent…


What If We Define Recession Away?

Commentary Another word has lost its traditional meaning. It’s the word recession, which is a postwar neologism in any case. The word depression—from the idea of depressed economic condition—became unsayable following the disaster in the 1930s. So the wordsmiths got busy and invented this new term based on the idea that the economy is merely…