ProPublica

Journalism in the Public Interest

Cancel

Articles Tagged With 'Recession'

Greenspan: Not My Fault

Former Fed Chairman Alan Greenspan acknowledges that the Fed did little to rein in the systemic risks banks were taking, but also said that the Fed couldn't have prevented the recession even it had acted. Most forecasting models are broken, he said.

California to Feds: These Stimulus Projects Are So, Like, Boring

Critics says more of the recovery money should have been aimed at bigger, long-term goals.

California’s Hidden Deficit: Unemployment Insurance Fund Owes $2.6 Billion

A lack of reserves have made it impossible for some states to weather the job losses during the recession.

Meet the Workers Behind the Unemployment Numbers