1. fuckyeahmarxismleninism:

    If the economy falls back into recession, as many economists are now warning, the bloodletting could be a lot more painful than the last time around.

    Given the tumult of the Great Recession, this may be hard to believe. But the economy is much weaker than it was at the outset of the last recession in December 2007, with most major measures of economic health — including jobs, incomes, output and industrial production — worse today than they were back then. And growth has been so weak that almost no ground has been recouped, even though a recovery technically started in June 2009.