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If you want to transform a recession into a depression, go ahead and cut public spending.
In a Guardian op-ed on 14 July 2009, I warned: "If you want to transform a recession into a depression, go ahead and cut public spending.
Similar(58)
"Chelsea's transformed a lot.
"State cuts to preschool funding transformed the recession into a depression for many young children," says Steven Barnett, author of the NIEER report.State preschool spending per child decreased by $114 to $4,028 last year.
There is–I kid you not a possibility that the recession might transform Americans into a pack of serious gamblers, spending over 10 hours a week engaging their betting habit in a desperate attempt to keep financially afloat.
It's a recession".
"That was a recession.
There is a recession on.
No one wants a recession.
Economists call it a recession.
Sound ridiculous in a recession?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com