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It may prevent a recession from turning into a rout.
Mr. Kohn also distinguished the latest recession from previous ones.
Camp Runamuck will begin its recession from sight and memory.
The Fed cannot prevent this recession from occurring".
Mr Obama inherited the recession from his predecessor, and the economy has recovered, somewhat, since then.
This may have prevented the recession from turning into a repeat of the Great Depression.
And they oppose the very regulations designed to keep a similar recession from recurring.
But productivity growth had begun to slow even before the recession, from around 2005.
AMERICA was in recession from the fourth quarter of 2007 to the third of 2009.
President Obama and the Democrats kept the Great Recession from becoming a second Great Depression.
Similar(1)
Japan repeatedly enacted stimulus packages during its 15-year quasi-recession, from the late 1980s to the early part of the new millennium futilely.
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