Subject:

Economic Crisis

  • Blogs

    March 28, 2012

    Seattle's Slow Economic Recover Continues, Hampered By Flailing Housing Market

    Yesterday morning we told you home prices in the Seattle metropolitan area continue to fall, while apartment vacancies have decreased and rents are likely to rise in the next six months. This morning the Seattle Times, citing a freshly-released study from the Brookings Institute, reports that Seattl ... More >>

  • Blogs

    March 28, 2011

    Harry & David, Northwest Overpriced Fruit Basket Deliverery Company, Declares Bankruptcy

    ​Who would have thought that sending people pears and oranges for $3 apiece would become unpopular in a recession?

  • Blogs

    December 8, 2010

    Congrats, Washington! You've Won the Bronze For Worst Budget Shortfall in the Nation

    ​The good news is that Washington's budget shortfall--now calculated at $1.1 billion, or 7.1 percent of the overall state budget--is about six-and-a-half times better than Illinois' yawning $13 billion hole that's an eye-popping 47 percent of its overall budget. The bad news is that a budget g ... More >>

  • Blogs

    October 29, 2010

    Paying the $20 Trillion Bill

    Representational Pictures/Sony Pictures ClassicsToo little, too late? Feds Paulson, Bernanke, and Geithner (L-R) wouldn' t be interviewed.​The Dinner: stuffed peppers and roasted trout at Cicchetti (121 E. Boston St.). The Movie: Inside Job at Guild 45 (2115 N. 45th St.). The Screenplate: Be ... More >>

  • Film

    October 27, 2010

    Inside Job: Welcome to CDO Hell

    Representational Pictures/Sony Pictures ClassicsToo little, too late? Feds Paulson, Bernanke, and Geithner (L-R) wouldn' t be interviewed.​The Dinner: stuffed peppers and roasted trout at Cicchetti (121 E. Boston St.). The Movie: Inside Job at Guild 45 (2115 N. 45th St.). The Screenplate: Be ... More >>

  • Blogs

    July 30, 2010

    Booze Seller Numbers Grew While Economy Didn't

    Coming to a corner near you​ A funny thing happened while Washington slid into a recession, unemployment skyrocketed and and state tax revenue plunged: More businesses applied for or renewed liquor licenses in the first six months of this year than in the years prior to the recession. Whi ... More >>

  • News

    July 21, 2010

    Lush Lie

    Eastsiders have refused to splurge at Bellevue's luxurious Bravern.

  • News

    June 9, 2010

    An Odorous Economic Indicator

    Thanks to the recession, we're sending far less trash to the landfill.

  • Blogs

    January 25, 2010

    Bill Gates Prepares to Give Away a Few More Billion

    Bill at a North Carolina high school in 2009​In his annual letter released this morning, the world's richest man indicates money is not necessarily a problem this year. Unlike last year, when Bill Gates said his charitable Seattle foundation had lost 20 percent in 2008 - more than $6 billion a ... More >>

  • Blogs

    November 27, 2009

    Dubai Debt Threatens Boeing

    Dubai, the very picture of modesty and moderation, feels the credit crunch.​Have global economy. Have global economic problems. Boeing's recent move to South Carolina may have saved the jet-maker a couple bucks on non-union labor. But it looks like that money might be needed immediately now t ... More >>

  • Blogs

    November 16, 2009

    Would You Pay $10 to See Slayer and Megadeth? Lots of People Did In 1991, But It's Not 1991 Anymore

    Slayer's playing the WaMu Theater with Megadeth on January 18.​Every time I see a "recession" special, a part of me wonders, "Are we talking financial recession or a recession of interest?" Remember when acts like No Doubt had to practically give away lawn tickets at White River Amphitheater o ... More >>

  • Blogs

    November 5, 2009

    Condo Demand? Not So Great. But Serving the Homeless Is a Booming Market

    ​One of the bright spots in our current recession is that voters are still willing support low-income housing. Seattle's Proposition 1, which will raise $145 million over seven years, is currently passing with 64 percent of the vote. It's the fifth such measure in a row that voters have approv ... More >>

  • Blogs

    November 5, 2009

    Nordstrom and Costco Financial Results Both Confirm and Confound Recession Thinking

    ​October sales figures are being reported from retailers, with confusingly different data from two national companies based in the Northwest. Nordstrom, as our Mark D. Fefer recently wrote, has seen sales decline 13 percent at its top-tier stores. (At the same time, it's been expanding the Nor ... More >>

  • Blogs

    November 2, 2009

    Sub Pop and KEXP DJ Jon Kertzer Generate New World Music Imprint, Next Ambiance

    New Ambiance signees Bassekou Kouyate & Ngoni ba play The Triple Door on March 16, 2010.​Recession or no recession, things must be going well for Sub Pop: first they spawned Hardly Art, and now they've added a new member to the family, Next Ambiance, a new label imprint which Sub Pop formed in ... More >>

  • Blogs

    November 2, 2009

    More Voracious in Print (and Online)

    This week's copy of Seattle Weekly contained a full-color insert titled the Voracious Menu Guide. If you put aside the insert to browse later, or normally read the paper online, you're missing a crop of articles from Voracious contributors. Here's the online flipbook, with the articles inside: Page ... More >>

  • Calendar

    October 14, 2009

    Subprime!

    This week's copy of Seattle Weekly contained a full-color insert titled the Voracious Menu Guide. If you put aside the insert to browse later, or normally read the paper online, you're missing a crop of articles from Voracious contributors. Here's the online flipbook, with the articles inside: Page ... More >>

  • Blogs

    October 13, 2009

    God Hates I-1033

    Thou shalt not steal...money from kids and old people!​That's the only logical explanation now that 21 Protestant and Jewish leaders across Washington have signed a statement denouncing the initiative. From the P-I: The Protestant and Jewish leaders emphasized that I-1033 would make permanent ... More >>

  • Film

    September 30, 2009

    Capitalism: A Love Story: Michael Moore Beats His Shtick to Death

    Thou shalt not steal...money from kids and old people!​That's the only logical explanation now that 21 Protestant and Jewish leaders across Washington have signed a statement denouncing the initiative. From the P-I: The Protestant and Jewish leaders emphasized that I-1033 would make permanent ... More >>

  • News

    September 23, 2009

    The Argument Against Permanent Recession-Level Spending

    “It’s a proven failure,” according to one out-of-city critic.

  • Blogs

    July 1, 2009

    This PowerPoint Says Eyman's Latest Time Bomb Makes MacGyvers of Us All

    "Given our experience in Colorado, passing [I-1033] in a recession would be a disaster." So says Carol Hedges of the Colorado Fiscal Policy Institute, in a conference call held by her org's counterpart, the Washington State Budget & Policy Center this afternoon. (Think tanks, unite!) If you're not ... More >>

  • Calendar

    June 10, 2009

    Seth Kinmont

    "Given our experience in Colorado, passing [I-1033] in a recession would be a disaster." So says Carol Hedges of the Colorado Fiscal Policy Institute, in a conference call held by her org's counterpart, the Washington State Budget & Policy Center this afternoon. (Think tanks, unite!) If you're not ... More >>

  • Film

    May 20, 2009

    SIFF 2009: Welcome to a Slightly Smaller, Certainly Fitter Festival

    "Given our experience in Colorado, passing [I-1033] in a recession would be a disaster." So says Carol Hedges of the Colorado Fiscal Policy Institute, in a conference call held by her org's counterpart, the Washington State Budget & Policy Center this afternoon. (Think tanks, unite!) If you're not ... More >>

  • Blogs

    April 17, 2009

    Nickels Changes His Tune on the Recession and Makes It Rain...Pink Slips

    So it won't be just paint jobs that suffer in the downturn; Greg Nickels announced today that he'll cut 59 real jobs as well, about half of which are currently vacant. The city will begin notifying the pink-slipped parties today, reports the Seattle Times, though the jobs won't actually be cut until ... More >>

  • Blogs

    April 6, 2009

    Nickels Is Right: Locally Speaking, the Last Recession Was Worse

    In recounting his list of accomplishments in his quasi-job interview with the P-I today, Greg Nickels said something that might raise a few eyebrows: I came into office at a time when we were in a very deep recession. It was actually, locally, worse than the current one. Could the post 9/11, post- ... More >>

  • Blogs

    April 1, 2009

    Could Seattle Lose Another Newspaper?

    Times are tough. And in this disadvantageous economic climate, even fake news outlets are feeling budgetary constraints. Consider the case of Puget Sound's Most Spectacular Newspaper, The Naked Loon. Exactly a year ago, Timothy Ellis started the venture. With the pluck and determination of a modern ... More >>

  • Music

    March 25, 2009

    A Shot in the Dark: Floyd’s Place

    Where there’s nothing new about drinking to forget.

  • Blogs

    March 18, 2009

    How Does the Recession Suck? City Council Lets Us Count the Ways

    The City Council is inviting concerned citizens to two events next week that promise to get to the heart of the recession's rampant suckery--and provide the opportunity to fight over bread line tickets. First, on Monday (10 AM, Bertha Knight Landes Room, City Hall), Council President Richard Conli ... More >>

  • Blogs

    February 19, 2009

    Duff McKagan: How to Rock Off the Recession

    Duff McKagan, at 15, performing with the Fastbacks. McKagan's column runs every Thursday on Reverb.So the stimulus package has been pushed through, and the summarizations of its results are now being listed publicly. President Obama has inherited a real "lulu" as far as our economy is concerned, and ... More >>

  • Blogs

    February 4, 2009

    Miguel Batista: Token Clubhouse Intellectual, Grizzled Old Guy, Poor Man's Tim LaHaye?

    Derek Zumsteg at the USS Mariner provides the best Mariners depth chart ever, with positions like "Awesome", "Resented Japanese Faction", "Resenting Japanese Faction", and "Resenting Japanese Faction Leader".Crappy pitcher Miguel Batista is the sole occupant of two positions: "Token Clubhouse Intell ... More >>

  • Blogs

    January 13, 2009

    Oregon Governor Asks For Tax Increases And Health Care Expansions, And Sky Doesn't Fall

    Kulongoski looks a little like Donald Rumsfeld, but seems a lot nicer. So it can be done. Facing a recession and a budget shortfall, just like his neighbor to the North, Oregon governor Ted Kulongoski opened the legislative session by asking for $2 billion in revenue increases to fund expansions i ... More >>

  • Blogs

    January 7, 2009

    What's in a Green New Deal?

    The Christian Science Monitor has a story today about whether the recession will prevent the "Green revolution," i.e. the re-making of the world economy along more environmentally sustainable lines. Many worry that the need for economic stimulus and "shovel ready" projects, as well as the structure ... More >>

  • Calendar

    November 26, 2008

    Curtis Roosevelt

    The Christian Science Monitor has a story today about whether the recession will prevent the "Green revolution," i.e. the re-making of the world economy along more environmentally sustainable lines. Many worry that the need for economic stimulus and "shovel ready" projects, as well as the structure ... More >>

  • Calendar

    November 19, 2008

    SPL Holiday Book Sale

    The Christian Science Monitor has a story today about whether the recession will prevent the "Green revolution," i.e. the re-making of the world economy along more environmentally sustainable lines. Many worry that the need for economic stimulus and "shovel ready" projects, as well as the structure ... More >>

  • Blogs

    November 10, 2008

    SBUX 4Q Down 97 Percent

    The Christian Science Monitor has a story today about whether the recession will prevent the "Green revolution," i.e. the re-making of the world economy along more environmentally sustainable lines. Many worry that the need for economic stimulus and "shovel ready" projects, as well as the structure ... More >>

  • Blogs

    October 10, 2008

    The Sky Is Falling... Along With Everything Else

    The Christian Science Monitor has a story today about whether the recession will prevent the "Green revolution," i.e. the re-making of the world economy along more environmentally sustainable lines. Many worry that the need for economic stimulus and "shovel ready" projects, as well as the structure ... More >>

  • Blogs

    October 2, 2008

    Did McDermott Draft Bailout Amendment at WaMu Theater Last Night?

    The Christian Science Monitor has a story today about whether the recession will prevent the "Green revolution," i.e. the re-making of the world economy along more environmentally sustainable lines. Many worry that the need for economic stimulus and "shovel ready" projects, as well as the structure ... More >>

  • Blogs

    September 30, 2008

    Note to Republicans Voting Down the Bailout Scheme: RUN WITH IT!

    The Christian Science Monitor has a story today about whether the recession will prevent the "Green revolution," i.e. the re-making of the world economy along more environmentally sustainable lines. Many worry that the need for economic stimulus and "shovel ready" projects, as well as the structure ... More >>

  • Blogs

    September 29, 2008

    Why Reichert Voted Against the Bailout

    The Christian Science Monitor has a story today about whether the recession will prevent the "Green revolution," i.e. the re-making of the world economy along more environmentally sustainable lines. Many worry that the need for economic stimulus and "shovel ready" projects, as well as the structure ... More >>

  • Blogs

    September 29, 2008

    Signs We're Officially Now in a Recession

    The Christian Science Monitor has a story today about whether the recession will prevent the "Green revolution," i.e. the re-making of the world economy along more environmentally sustainable lines. Many worry that the need for economic stimulus and "shovel ready" projects, as well as the structure ... More >>

  • Blogs

    September 17, 2008

    Socialism and Capitalism: A Wonderful Relationship

    The Christian Science Monitor has a story today about whether the recession will prevent the "Green revolution," i.e. the re-making of the world economy along more environmentally sustainable lines. Many worry that the need for economic stimulus and "shovel ready" projects, as well as the structure ... More >>

  • Blogs

    May 15, 2008

    Afternoon Edition: Clean and Somber

    The Christian Science Monitor has a story today about whether the recession will prevent the "Green revolution," i.e. the re-making of the world economy along more environmentally sustainable lines. Many worry that the need for economic stimulus and "shovel ready" projects, as well as the structure ... More >>

  • News

    March 20, 2002

    Number of the Week

    The Christian Science Monitor has a story today about whether the recession will prevent the "Green revolution," i.e. the re-making of the world economy along more environmentally sustainable lines. Many worry that the need for economic stimulus and "shovel ready" projects, as well as the structure ... More >>

  • News

    January 16, 2002

    Tax cuts now!

    Business leaders demand tax relief.

  • News

    December 5, 2001

    Washington's recession

    Hard times at Boeing and the dot-com collapse give us the highest unemployment rate in the nation.

  • News

    December 5, 2001

    Boeing bust

    Massive cuts at the Lazy B will drive unemployment higher.

  • News

    December 5, 2001

    Why now?

    The city's ambitious construction program of new libraries, community centers, and parks proceeds despite recession.

  • News

    October 10, 2001

    War bucks

    Politicians urge us to spend locally.

  • News

    August 29, 2001

    Meta-media

    Politicians urge us to spend locally.

  • Arts

    August 18, 1999

    Show Us the Money

    The not-so-bright future of the world economy.

  • News

    November 18, 1998

    My turn

    Referendum 49 gave transportation interests first crack at the state's 601-created financial reserves. The question now is 'Who's next?'

  • More >>

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