Recession Over

[Toro]

So sayeth a very accurate historical predictor of economic activity.

CARPE DIEM: NY Fed Treasury Spread Model: No Chance of Recession in 2010, Economic Recovery Has Started

Maybe its wrong this time though.

 

[Modbert]

*In before a Republican makes a post about unemployment and how the jobs aren't there still.*

 

[elvis]

in before an Obamabot claims it's all because of their Messiah.

 

[Toro]

Its because the yield curve is steep. It doesn't matter who is in the White House or Congress, when the yield curve steepens, the economy comes out of recession.

Or at least it has over the past several decades.

 

[eagleseven]

I hope he is right, in that I would like to have a job by 2010. I'm not about to get my hopes up, though...

 

[Ravi]

Good news! It must be all the handgun sales!

 

[Zona]

in before an Obamabot claims it's all because of their Messiah.

Nope, Obama had nothing to do with the recession being over, its all about Bush.. baby.

 

[elvis]

at least I got my post in before Magda.

 

[Toro]

How did I get two threads?

http://www.usmessageboard.com/economy/87913-recession-over.html

Mods, please merge. Thankssokindly.

 

[Eaton Moore]

Maybe, won't that be a pisser for the G.O.P. ?:

 

[Neubarth]

Good news! It must be all the handgun sales!

Indeed!

Any sale is additive for the economic recovery, though some sales are never quantified (Or does the Federal government now use a prostitution index to estimate what effect prostitution has on the American economy. Maybe AI knows that? I accept his artificial board persona as a highly intelligent but obviously batty individual and I welcome any positive input he can bring to the board, just as long as he does not start claiming that the Government contrived numbers on unemployment are holy writing like he has done in the past. There just ain't nuttin' holy bout contrived lies like that.).

With Real Unemployment still soaring to outrageous highs every week and 30+ Million Americans out of work, I still say it is a Depression that started in late December after a year of Recession.

Since a Recession is calculated using numbers that can be manipulated as the Federal Government has been doing, I can easily agree that we are moving out of recession because the numbers say so. I also believe that we are moving deeper into a painful Depression for those who are out of work or will be out of work shortly.

If that all seems wrong to you guys, remember that on this board I can define my own terms. I will accept the bogus Government numbers about the Recession and use my own sightings about the misery I see across America to determine when and if the Depression has lifted. Right now, it looks like it is going to be around for a long, long time and a lot of people are going to suffer..

 

[Neubarth]

in before an Obamabot claims it's all because of their Messiah.

Nope, Obama had nothing to do with the recession being over, its all about Bush.. baby.

Sorry, you are both wrong. It is all about numbers that can be manipulated. Geitner and Bernanke are solving the GDP number problem and have numbers that show that GDP will be goin' UP. Poof, no more recession! Amen Halleluia!

Now we just gotta climb out of the Depression that keeps getting bigger.

 

[garyd]

The Porn industry is down big time according some blurb on TV show I saw last night while I was flipping channels. I believe it was MSNBC but I'm not certain.

We are paying Wall Street to gamble. We are paying people to buy houses. what happens when that stops?

 

[eagleseven]

We start paying people to make porn...