Recession Briefing 7.20

What you need to know today to survive and thrive in the recession.

As they ride out the economic recession, some American rodeos are bucking the hard times while others are sitting on the fence. (Associated Press)

540,000 Americans will exhaust their unemployment insurance benefits by the end of September, and a whopping 1.5 million will run out of coverage by the end of the year. (National Employment Law Project)

Federalism, often described as one of the great strengths of the American system, has become a serious impediment to reversing the downturn. (New Yorker)