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2. Great Recession in the United States - Wikipedia

   en.wikipedia.org/wiki/Great_Recession_in_the...

   In the United States, the Great Recession was a severe financial crisis combined with a deep recession. While the recession officially lasted from December 2007 to June 2009, it took many years for the economy to recover to pre-crisis levels of employment and output. This slow recovery was due in part to households and financial institutions ...

3. Emergency Economic Stabilization Act of 2008 - Wikipedia

   en.wikipedia.org/wiki/Emergency_Economic...

   The Emergency Economic Stabilization Act of 2008, also known as the " bank bailout of 2008 " or the " Wall Street bailout ", was a United States federal law enacted during the Great Recession, which created federal programs to "bail out" failing financial institutions and banks. The bill was proposed by Treasury Secretary Henry Paulson, passed ...

4. National fiscal policy responses to the Great Recession

   en.wikipedia.org/wiki/National_fiscal_policy...

   Beginning in 2008 many nations of the world enacted fiscal stimulus plans in response to the Great Recession. These nations used different combinations of government spending and tax cuts to boost their sagging economies. Most of these plans were based on the Keynesian theory that deficit spending by governments can replace some of the demand ...

5. 2007–2008 financial crisis - Wikipedia

   en.wikipedia.org/wiki/2007–2008_financial_crisis

   The 2007–2008 financial crisis, or the global financial crisis ( GFC ), was the most severe worldwide economic crisis since the Great Depression. Predatory lending in the form of subprime mortgages targeting low-income homebuyers, [1] excessive risk-taking by global financial institutions, [2] a continuous buildup of toxic assets within banks ...

6. Great Recession - Wikipedia

   en.wikipedia.org/wiki/Great_Recession

   The Great Recession was a period of marked general decline observed in national economies globally, i.e. a recession, that occurred in the late 2000s. The scale and timing of the recession varied from country to country (see map). [1] [2] At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and ...

7. Economic Stimulus Act of 2008 - Wikipedia

   en.wikipedia.org/wiki/Economic_Stimulus_Act_of_2008

   Clinton Bush Haiti Fund. One America Appeal. v. t. e. The Economic Stimulus Act of 2008 ( Pub. L. 110–185 (text) (PDF), 122 Stat. 613, enacted February 13, 2008) was an Act of Congress providing for several kinds of economic stimuli intended to boost the United States economy in 2008 and to avert a recession, or ameliorate economic conditions ...

8. 10 New Tax Rules for 2008 Taxes - AOL

   www.aol.com/2009/01/20/10-new-tax-rules-for-2008...

   With each new year comes a new batch of tax rules and miscellaneous changes to the laws that taxpayers need to be aware of. There's no denying that the tax code in the United States is incredibly ...

9. Causes of the Great Recession - Wikipedia

   en.wikipedia.org/wiki/Causes_of_the_Great_Recession

   Recessions. Many factors directly and indirectly serve as the causes of the Great Recession that started in 2008 with the US subprime mortgage crisis.The major causes of the initial subprime mortgage crisis and the following recession include lax lending standards contributing to the real-estate bubbles that have since burst; U.S. government housing policies; and limited regulation of non ...