“Recession” on The Daily Caller

In the hundreds of references he has made to the economy since last November, President Obama has repeatedly switched back and forth between describing the recession as a historical event and an ongoing reality. (more)

White House officials are using a new set of talking points to sell their stimulus plan: The economy’s possible slide into a second recession. (more)

Stocks collapsed roughly 700 points over two days after the Federal Reserve launched its “Operation Twist.” The market correctly perceives that the central bank’s plan to swap $400 billion of short-term notes for long-term bonds adds no new reserves to the financial system. So it wasn’t QE3, that’s for sure. No stimulus. In fact, with the Treasury yield curve flattening, the Fed’s sterilized asset swap actually tightened financial markets. (more)

Lost in a sea of economic insecurity, America’s young adults are floundering like so many others. (more)

The percentage of working-age Californians with jobs has fallen to a record low, and employment may not return to pre-recession levels until the second half of the decade, according to a research group. (more)

WASHINGTON (AP) — Another recession isn’t likely over the next 12 months. Neither is any meaningful improvement in the economy. (more)

Having failed to meaningfully restrain government growth during the recent debt ceiling debate, America’s fiscal leaders are now preparing to push taxpayers even further below the waves. Meanwhile the U.S. economy – after trillions of dollars in government “stimulation” – is teetering on the brink of yet another full-blown recession as a debt crisis on the other side of the Atlantic compounds our government’s glaring lack of sustainability. (more)

Floundering. Flopping around like a fish on deck. That’s the best description of the Obama administration this summer. The president’s now on a bus tour of the Heartland. Next, he’s slated to go to Martha’s Vineyard for a well-earned vacation. (more)

The chances of the economy slipping into another recession have risen significantly, and forecasts for economic growth and job gains over the next year have been substantially downsized, according to USA TODAY’s quarterly survey of top economists. (more)

Former Federal Reserve Chairman Alan Greenspan said Sunday that he doesn’t think a double-dip recession is on the horizon for the U.S. economy. (more)

Stocks and bond yields are sinking as Wall Street disses the debt deal and instead focuses on the threat of a double-dip recession. (more)

A report revealing the first decline in consumer spending since the Great Recession shocked Wall Street investors Tuesday and raised fears that the economy could fall into a double-dip recession. (more)

Friday’s news on GDP shows the double dip has arrived — an expansion of only 1.3 percent and consumer spending up 0.1 percent in the second quarter. Astonishingly low by any account. The debt ceiling trouble and lack of a longer term resolution to the deficit will make it worse. (more)

If 2010 was a banner year for CEO pay gains, 2011 could provide even bigger windfalls. (more)

Many big public companies are likely to report strong second-quarter profits, but that isn’t the story on Main Street, where small businesses are grappling with jittery customers, rising costs and tight credit. (more)

Two years ago, officials said, the worst recession since the Great Depression ended. The stumbling recovery has also proven to be the worst since the economic disaster of the 1930s. (more)

The media often looks to the unemployment rate for clues about the economy’s health. If the unemployment rate is high, the economy is weak; if it’s low, the economy is strong. If the unemployment rate is dropping, the economy is improving; if it’s climbing, the economy is getting worse. The current unemployment rate is 9.1% (which is high), but it’s down from a peak of 10.1% a year and a half ago (an improvement). That’s why the media consensus is that the economy is weak but gradually getting stronger. (more)

The housing double dip is official: US home prices fell in the first quarter to a new recession low, according to the latest S&P/Case-Shiller price index. (more)

The economic damage from Japan’s massive earthquake and tsunami last month is likely to be worse than first thought as power shortages curtail factory output and disrupt supply chains, the country’s economics minister warned on Tuesday. (more)

BARTLETT, N.H. (AP) — This time, Mitt Romney has a clear pitch: I’m the strongest Republican to challenge President Barack Obama on the country’s single biggest issue — the economy. (more)