Ozmar
This tree will shoot you.
Recession end: The recession is over, economists say - latimes.comhe National Bureau of Economic Research declares that the turning point came in June 2009, making it the longest downturn since World War II. But, the group notes, the economy still hasn't returned to vigorous growth.Reporting from Washington The panel of economists that dates the nation's economic cycles declared Monday that the recession that started in December 2007 ended in June of last year -- making it the longest downturn since World War II.
The National Bureau of Economic Research, a private nonprofit research group that is considered the official arbiter of economic contractions and expansions, took pains to note that a determination of the end of the recession doesn't mean the economy has returned to vigorous growth.
"The committee did not conclude that economic conditions since that month have been favorable or that the economy has returned to operating at normal capacity," the panel said in a statement after meeting Sunday.
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.