http://socyberty.com/economics/causes-of-economic-recession/ Sun, 19 Feb 2012 02:47:24 -0500 http://wordpress.org/?v=2.8.4 hourly 1 http://socyberty.com/economics/causes-of-economic-recession/comment-page-1/#comment-186476 Matt Thu, 05 Nov 2009 13:46:04 +0000 http://socyberty.com/economics/causes-of-economic-recession/#comment-186476 O.K. , you have the symptoms and the definition of an economic recession covered. The root causes need to be looked at more in depth. Start here ....World War II... 30-40 years after the war we enjoyed no competition in labor, education, manufacturing, and quality. Now, it's a different world...Trade deficits lead to jobless economic growth starting in the 90's; yet slow job growth starts in the late 70's. Wow, what do you know... first years toyota was dealing their cars here. Not a coincidence. We now compete with the rest of the world and we will eventually look like it or Europe, assuming we find a niche. The American dream was created by rebuilding the world after WWII. It's over now. Anyway, that's the root cause of this economic condition. O.K. , you have the symptoms and the definition of an economic recession covered. The root causes need to be looked at more in depth. Start here ….World War II… 30-40 years after the war we enjoyed no competition in labor, education, manufacturing, and quality. Now, it’s a different world…Trade deficits lead to jobless economic growth starting in the 90’s; yet slow job growth starts in the late 70’s. Wow, what do you know… first years toyota was dealing their cars here. Not a coincidence. We now compete with the rest of the world and we will eventually look like it or Europe, assuming we find a niche. The American dream was created by rebuilding the world after WWII. It’s over now. Anyway, that’s the root cause of this economic condition.

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