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The U.S. Congress' 1929 trade protectionist movement, culminating in the Smoot-Hawley Tariff, showed another path to recession.
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"After eight years of deregulatory zeal by the Bush administration, an attitude of 'the market can do no wrong' has led it down a short path to economic recession," Mr. Schumer said on the Senate floor in September.
PARIS — China has helped to pull developed countries out of recession this year, but the path to sustained growth will be bumpy, the Organization for Economic Cooperation and Development said Thursday in a cautious assessment of the global economy.
Maybe the Great Recession finally set them on the path to future stability.
The country was mired in a deep recession and slipping down a slippery path to a depression.
But Germany's path to recovery isn't one that's going to work after every recession, and neither is it one that every country can emulate; there was limited scope to ride China's recovery out of the recession.
If we elect candidate Romney, we'll avoid the recession through increased deficit-spending, but we'll be on a path to national insolvency.
If it really were true that natural disasters led to growth, he said, "if you're in the middle of recession you just wander around blowing up buildings and that would be your path to prosperity".
Our priorities now are to mitigate the recession that was set in motion under Bush and to put the country on a path to sustainable economic growth.
-- a path to redemption.
What path to riches, then?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com