Skip to main content

Secondary menu

User menu

  • Join
  • OR
  • Log In

MNN - Mother Nature Network

Saturday, May 18, 2013
SPECIAL FEATURES:
  • Leaderboard
  • Nest
  • TreeHugger
  • Photos
  • Blogs
  • SB 2013
  • Joy of Less

Search form

Social links

Main menu

  • Earth Matters
    • Browse all »
    • Animals
    • Weather
    • Energy
    • Politics
    • Space
    • Translating Uncle Sam
    • Wilderness & Resources
  • Health
    • Browse all »
    • Allergies
    • Fitness & Well-Being
    • Healthy Spaces
  • Lifestyle
    • Browse all »
    • Arts & Culture
    • Travel
    • Natural Beauty & Fashion
    • Recycling
    • Responsible Living
  • Green Tech
    • Browse all »
    • Computers
    • Gadgets & Electronics
    • Research & Innovations
    • Transportation
  • Eco-Biz & Money
    • Browse all »
    • Green Workplace
    • Personal Finance
    • Sustainable Business Practices
  • Food & Drink
    • Browse all »
    • Beverages
    • Healthy Eating
    • Recipes
  • Your Home
    • Browse all »
    • At Home
    • Organic Farming & Gardening
    • Remodeling & Design
  • Family
    • Browse all »
    • Babies & Pregnancy
    • Family Activities
    • Pets
    • Protection & Safety

Breadcrumb Navigation

MNN.COM › MNN BLOGGERS
    x
  • Tweet
  • Email
  • Bookmark and ShareShare
  • Earn Points
    What's this?
Watch: Is the economy in a recession?
Despite economic growth, one financial expert states that the economy is in a recession right now.
Fri, Aug 10 2012 at 11:22 AM

Related Topics:

Economics, Video, Save Money

 
I’m not an economics expert, far from it, but my understanding is that as long as there is positive economic growth then the nation isn’t technically in a recession. Imagine my confusion when I watched financial expert Todd Schoenberger of The Blackbay Group proclaim that the nation is in the middle of a recession despite reports showing overall growth in the economy.
 
Photo: net_efekt/Flickr

The opinions expressed by MNN Bloggers and those providing comments are theirs alone, and do not reflect the opinions of MNN.com. While we have reviewed their content to make sure it complies with our Terms and Conditions, MNN is not responsible for the accuracy of any of their information.

Previous Post
The Scientist's best places to work
Next Post
MillerCoors releases 2012 sustainability report

You might also like:

Join the conversation

Comment: 1
Sign in with one of these accounts to add your comment.
Log in or
create an account
  • Sign in using this account:
obbopp's picture
obbopp Aug 15 2012 at 1:03 PM
A very complicated topic. Seldom to never mentioned is the increasing number of employees working less than full time and with few to no benefits. Then there is the increase in temporary workers hired through an employment agency.. NOT the traditional jobs leading to retirement and a pension after decades of loyal work. How about the growth of "employees" hired as independent contractors who are responsible for ALL their own "benefits" and to pay the full amount of Social Security payments and self-employed
.... More
tax, etc. When was the last time you heard the pundits mention the ever increasing number of visas such as the H-!B visa for one allowing firms to bring in foreign non-USA citizen labor that assists in keeping wages down? Congress keeps increasing the numbers of foreign workers allowed in via the many visa-types. How about the USA working-poor class in direct competition with uhhhh... future USA citizens after the NEXT amnesty numbering in the multi-millions. The economic law of supply/demand directly influences wages with that law benefiting employers. Hosing rental costs also rise constantly as those many millions of "future citizens" clamor for housing. "While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks," Buffett wrote in a Sunday New York Times Op-ed. One reason companies are so profitable is that they're paying employees less than they ever have as a share of GDP. And that, in turn, is one reason the economy is so weak: Those "wages" are other companies' revenue. In short, our current system and philosophy is creating a country of a few million overlords and 300+ million serfs. Blodget Lengthy books have been written about the topic covered here but suffice it for me to proclaim.... My best advice to youth is to depart the sinking ship that is the USA. The ruling elites and corporate USA and other powerful entities own the USA, including the federal government and barring a major change that can only come about via a military coup I foresee dire days for the USA commoner-class whose ranks will continue to swell.
|
  • Log in or register to post comments
  • Report This Post 

EDITORS' PICKS

tease early bird

line

tease energy sources

line

tease dog tricks

Advertisement

TODAY'S MOST POPULAR ON

  1. 15 famous people who mysteriously disappeared
  2. A day in the life of the human hand
  3. Jon Stewart explains the ‘Monsanto Protection Act’
  4. 9 habits that may do more harm than good
  5. How to bike to work (or anywhere else)
  6. Stone Age people may have battled against a zombie apocalypse
  7. 5 mind-bending facts about dreams
  8. 8 hair care treatments you can make yourself
  9. 12 best new features of the Samsung Galaxy S4
  10. 10 false facts most people think are true
+ Add this to my site
From our sponsor
Give a quack: 2012 Aflac Corporate Citizenship Report
Donations to charitable causes, workplace diversity and reduced electricity usage are among the more...
We've Got You Under Our Wing
Aflac gives back at annual Help the Hooch river cleanup event
Aflac employees join 10,000 volunteers and the Keep Columbus Beautiful Commission to clear trash more...
We've Got You Under Our Wing
Food waste gets the high-tech treatment at Aflac
Composting is a great way to deal with food waste naturally, but there's an even faster method more...
We've Got You Under Our Wing
River restoration project to make a big impact in Georgia
Aflac donated $1 million to remove dams and restore the Chattahoochee River in its hometown of more...
We've Got You Under Our Wing
Aflac Lunch and Learn: How to build a rain barrel
Rain barrels are a great way to save water for not-so-rainy-days. Find out how you can build one in more...
We've Got You Under Our Wing

NEWSLETTER

Mother Nature. Delivered

ABOUT Melissa Hincha-Ownby

Business guru blogs about the latest in green biz.

More about Melissa RSS feed

Recent Posts

  • Prisoners participate in startup accelerator [Video]
  • 38% of men only pay minimum credit card payments [Infographic]
  • Manheim solar project includes educational trail
+ Add this to my site
Advertisement
Advertisement
Google Profile

Footer menu

  • Quick Links
    • Joy of Less
    • About Us
    • Advisory Board
    • Editors' Blog
    • Press
    • Privacy
    • Sitemap
    • Terms of Service
  • MNN Tools
    • Advice
    • Blogs
    • Day in History
    • Eco-glossary
    • Infographics
    • Lists
    • Photos
    • Videos
  • Connect
    • The Nest
    • Contact Us
    • Mixed Greens
    • Newsletters
    • RSS
    • Social
    • TreeHugger
    • Mobile
  • Channels
    • Earth Matters
    • Health
    • Lifestyle
    • Green Tech
    • Eco-Biz & Money
    • Your Home
    • Family
    • State Reports
  • Follow MNN
    • Facebook
    • Twitter
    • Pinterest
    • Tumblr
    • Google+
    • StumbleUpon

Copyright © 2013 MNN Holdings, LLC. All Rights Reserved. Website by GLICK INTERACTIVE | Powered by CIRRACORE

SPONSORS