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  2008 U.S. Recession
Last updated: 22:39:48 Monday Feb 22, 2010


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2008 U.S. Recession 1267
2008 U.S. Recession


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    Events
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  • Bipartisan jobs bill advances past GOP filibuster
    WASHINGTON - A bipartisan jobs bill cleared a GOP filibuster on Monday with critical momentum provided by the Senate's newest Republican, Scott Brown of Massachusetts.   Nations:U.S.   People:Charles Grassley Harry Reid Max Baucus Barack Obama   Activities:2008 U.S. Layoff Crisis 111th Congress   2010-02-22

    Obama says stimulus bill saved troubled economy
    WASHINGTON - President Barack Obama hailed Wednesday's one-year-old economic stimulus law as an accomplishment that staved off another Great Depression and kept up to 2 million people on the job.   Nations:U.S.   People:Joseph Biden Barack Obama   Activities:Obama Stimulus Package   Source:(AP)   2010-02-17

    Judging stimulus: Jobless rate high, growth real
    WASHINGTON - Did the stimulus work or not? A year after Congress passed President Barack Obama's huge economic revival plan, the results are mixed - and hardly final.   People:Barack Obama   Activities:Obama Stimulus Package   Source:(AP)   2010-02-17

    Data on industry output, home building boost hopes
    WASHINGTON - Hopes that the economy can sustain its recovery drew support Wednesday from news that industrial ouput rose for a seventh straight month and home construction hit a six-month peak in January.   People:Barack Obama   Activities:2008 U.S. Real Estate Crisis   Source:(AP)   2010-02-17

    More Homeless Americans Living in Cars and Campers
    Tim Barker never thought he'd have to live in his truck. Four months ago, the plumber was in a one-bedroom apartment in California's San Fernando Valley, with a pool and a Jacuzzi. Then, on his birthday in October, he and 199 other plumbers were laid off by their union, Local 761 in Burbank. Now Barker's son sleeps on the sofa of his cousin's one-bedroom Hollywood apartment, and Barker sleeps on the roof of the apartment building - or in his 2003 Ford Ranger pickup. "I'm 47, and I've never lived in my car," says Barker, a husky 220-lb. single father with sandy hair and a rapid-fire voice. In January, as torrential rains pelted the streets of Southern California, father and son were sleeping in the truck in San Pedro, next to the Los Angeles Harbor. "We were able to spend four nights in the Vagabond Motel, but for two nights we slept in the car," says Barker. "It was raining, cold, and the cat was jumping on us. We both got sick."   Nations:U.S.   Activities:2008 U.S. Recession   Source:(Time)   2010-02-14

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    Gallery
     
    U.S. Stocks Tumble on Dec 1 2008
    2008-12-01

    Rally to stop home foreclosures
    2008-11-25

    Second stimulus package ahead?
    2008-07-31

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