The Recession Timeline Diorama: 2007 – 2010

The Great Recession is now history — much as its recently-announced end took us by surprise. At 18 months, from December 2007 through June 2009, it is the longest since World War 2. So mint.com decided to take a look at the major events of the past three years. For the highlights, see our infographic — the Recession Timeline Diorama.

via www.mint.com

Note: If you read this via Email or Feed-reader click Permalink below to download bigger image.

How Do Americans Feel About The Recession?

Earlier this year, the National Bureau of Economic Research delivered a piece of news that came as a surprise to most Americans: the recession, it determined, had officially ended in June 2009. At a total of 18 months, it now has dubious honor of being the longest U.S. recession since the Great Depression.

But how do Americans feel about it? Do the millions unemployed individuals feel like it really is over? And how do people – employed and unemployed – feel about its aftermath? mint.com compiled the answers those questions, and more, in their latest infographic.

via www.mint.com

Note: If you read this via Email or Feed-reader click Permalink below to download bigger image.

How Much Could the Government Make Off Pot?

In the midst of the worst recession since the Great Depression, many have pointed to increased legalization or decriminalization of marijuana as being an untapped resource for taxation, and a source of new small business growth and employment. It is estimated that nearly $1 billion per year could be generated in marijuana production upon nationwide legalization with a flat 10% tax on producers. This, of course, coupled with a significant drop in the cost of policing and prosecuting the use of marijuana could lead to net savings.

via blog.turbotax.intuit.com

Moody's Recovery Status Map

via www.economy.com

Moody's Economy.com closely tracks economic conditions in the major economies of the world and summarizes the results on this interactive map. Analysts follow a wide range of indicators to ascertain a country's position in the business cycle. Specifically, we focus on gauges of employment, industrial production and retail sales--high-frequency indicators that capture the breadth of economic activity. Countries where the indicators are dropping are labeled In Recession. Those where declines have slowed are said to be Moderating. Countries where the indicators have begun rising again are Recovering. Economies that have advanced past their previous growth peaks are labeled Expanding.