Recession over, but the pain remains.

Discussion in 'Economy' started by Ozmar, Sep 20, 2010.

  1. Ozmar
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    Ozmar This tree will shoot you.

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    Recession end: The recession is over, economists say - latimes.com

    Let's hear it: The conservatives will say this is a Jedi mind trick played by the Obama liberal media. The Liberals will say that Obama waved a magic wand and this is somehow a testament to his leadership. The realist will say that shit like this happens: economic ups and downs in a cycle.

    Who cares about the realist though? It's too much fun to take sides and act like children.:eusa_whistle:
     
  2. Charles_Main
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    Charles_Main AR15 Owner

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    Pictures do not lie.

    [​IMG]

    Here comes the double dip!
     
  3. Ozmar
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    Ozmar This tree will shoot you.

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    Quick! Run for the hills! :eusa_whistle:
     
  4. CaféAuLait
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    CaféAuLait This Space for Rent

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    Recession Ended in June 2009 - Real Time Economics - WSJ

    So if the recession ended in June of 2009 and nary was a cent of Stimulus spent—this means the Stimulus was not needed or accomplished nil considering the unemployment rate went UP since it passed.
     
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  5. DiveCon
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    DiveCon gone

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    actually, looks like it made it WORSE
     
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  6. CaféAuLait
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    CaféAuLait This Space for Rent

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    I'm far from a numbers guru but I think that may be a fair conclusion.

    US Business Cycle Expansions and Contractions ¹

    http://www.nber.org/cycles/cyclesmain.html

    The gap at the end is gone we know the end date-- no more wondering.

    What do we call June 2009 till present though?
     
  7. Ozmar
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    Ozmar This tree will shoot you.

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    So we didn't know that the recession had ended in 2009 until September of 2010.:eek:

    If there's any way to bitch, moan and make cheapshots you do it! :dig:
     
  8. Chris
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    Chris Gold Member

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    I'm making more money than I ever made in my life.

    I have so much business, I'm working seven days a week.

    Thank you, Congress, for saving the economy you almost destroyed with Wall Street deregulation.
     
  9. Ozmar
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    Ozmar This tree will shoot you.

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    Just so we're clear, it's congress's fault for deregulating Wall St, and not Wall St's fault for acting like a kid in a candy shop. Just so we're clear on this.:eusa_whistle:
     
  10. Chris
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    Chris Gold Member

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    Just so we're clear, it's Congress' fault for the deregulation, and it's Wall Street's fault for stealing the life savings of millions of Americans.

    Google "Phil Gramm deregulation."
     

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