In 2007, the unemployment rate was down to 6.99 percent, but the late-2000s recession drove that number up to 14.14 percent by July 2009.
Demand for credit fell and the resulting recession drove prices down dramatically, making assets worth less than the money loaned to acquire them.
Economists say the continuing recession could drive gross national product down as much as 10 percent below the already-anemic 1990 levels.
A deep recession might even drive some into bankruptcy, threatening the viability of the nation's transportation network.
The second is that a recession or higher interest rates might drive an airline into bankruptcy, reducing competition.
The recession of 1980, competition and regulatory costs had driven Ford into perilous financial condition.
Even a recession does not drive buildings down in price that far.
It takes a recession or heavy financial losses to drive many companies to take risks with successful products.
The recession has driven people to welfare, but the proportion of poor New Yorkers was rising even during the 1980's economic boom.
While western Germany booms, recession, unemployment and insecurity are driving the east's young to pull up stakes and seek their fortunes in the west.