The Experts Agree: The Recession is Over.

[txlonghorn]

Uh oh!!! Now what? How many times have we heard this from the "experts"?

Economy's rebound not as strong as first thought - Yahoo! News

"It's not as good or as bad as we first thought." Sounds oh so familiar doesn't it?

That song is getting old too.
Why do people keep believeing the lyrics?

Why do you keep believing bullshit? You really can't argue with this. They say "IT'S OVER!" And then the come back and say..."Weeeellllll...maybe it's not. Sorry for the false alarm"

Are you sheep just going to wander around with them? Have some guts!! Stop defending this circle jerk and start demanding some REAL change! You voted for him! Now demand that he give you what he promised!!

 

[editec]

I think the economy is going to collapse again.

The way we've structured it, ad the way we're trying to revive what we had?

It's inevitable.

 

[uscitizen]

Another way to look at severity is not % but by actual numbers of $ and number of people out of work.

 

[txlonghorn]

Another way to look at severity is not % but by actual numbers of $ and number of people out of work.

yeah...and?

 

[saveliberty]

Uh oh!!! Now what? How many times have we heard this from the "experts"?

Economy's rebound not as strong as first thought - Yahoo! News

"It's not as good or as bad as we first thought." Sounds oh so familiar doesn't it?

That song is getting old too.
Why do people keep believeing the lyrics?

"Much of the economy's return to growth last quarter reflected federal support for spending on homes and cars."

It is termed unsustainable growth.

 

[Xenophon]

Since nobody really knows, its all guess work.

This latest 'recovery' sounds like the usual wishful thinking and spin that appears whenever barry's poll numbers drop.

We will have a true idea after the holidays when we see how retailers do on whether things are getting better or not.

 

[DiamondDave]

Yes they do say its over since summer, things are far from good however and in fact they have revised the numbers downward.

washingtonpost.com

Yes sir.. good news.. your heart attack is over.... the treatment was a success.. the doctor who recommended and facilitated that treatment was right and should be proclaimed a genius

However.. we regret to inform you that the incisions have become infected, the conditions that caused your heart attack still exist, we anticipate that you will have yet another heart attack, your cancer is spreading, and your other medical ailments are still continuing to get worse... but do please help us celebrate because even though you are still dying, you are 'technically' better for surviving the heart attack

 

[Big Fitz]

The "Experts" also agreed that the stimulus was a good idea.

If the recession is over,

then the stimulus WAS a good idea...

Post hoc ergo propter hoc (after this, therefore because of this). This is the fallacy of assuming that A caused B simply because A happened prior to B. A favorite example: "Most rapists read pornography when they were teenagers; obviously, pornography causes violence toward women." The conclusion is invalid, because there can be a correlation between two phenomena without one causing the other. Often, this is because both phenomena may be linked to the same cause. In the example given, it is possible that some psychological factor -- say, a frustrated sex drive -- might cause both a tendency toward sexual violence and a desire for pornographic material, in which case the pornography would not be the true cause of the violence.
[/U]

Thanks Dude. That link you provided was a treasure trove of logistical anomalies and debate assistance.

 

[LibocalypseNow]

Yea but what is an "Expert" these days? Just can't trust these so-called "Experts" at this point. Many "Experts" are reporting today that things are not going to improve they way they first thought and reported. In my opinion the only ones who have benefited from Hopey Changey's disastrous Bailouts and Stimulus are the corrupt Wall Street fat cats. Main Street is suffering miserably. That's just what i'm seeing anyway. Hey this is just one more expert's opinion though.

 

[saveliberty]

You actually can make a case that we aren't out of the recession yet. The 2.8% growth figure can be compared to an impact of government spending at a 3.1% level. This results in a -0.3% decrease for the third quarter. That is right. Still in a recession. Sort of matches reality better huh?

 

[rightwinger]

You actually can make a case that we aren't out of the recession yet. The 2.8% growth figure can be compared to an impact of government spending at a 3.1% level. This results in a -0.3% decrease for the third quarter. That is right. Still in a recession. Sort of matches reality better huh?

Could you expand please?

Is the 2.8% growth on the total economy?
Is the 3.1% level an increase in government spending or 3.1% of the total economy?

 

[uscitizen]

How much of the growth in our economy is based on higher oil costs for us?

 

[Polk]

You actually can make a case that we aren't out of the recession yet. The 2.8% growth figure can be compared to an impact of government spending at a 3.1% level. This results in a -0.3% decrease for the third quarter. That is right. Still in a recession. Sort of matches reality better huh?

That only makes sense if you buy into the moronic idea that money spend by governments isn't actually money.

 

[Oddball]

How much of the growth in our economy is based on higher oil costs for us?

how much of the higher oil costs are based upon an inflated USD?

 

[uscitizen]

How much of the growth in our economy is based on higher oil costs for us?

how much of the higher oil costs are based upon an inflated USD?

Umm you have that backwards dude.

Deflated dollars.

But the oil had gone up to near $80 before the dollars recent drop in value.

 

[Oddball]

I have nothing backward.

You print up a bunch of money, with no corresponding increase in production and/or value, and you inflate the currency. You also inflate price bubbles, like what's currently happening in the oil, gold and silver markets.

The run-up in those prices in advance was merely a flight to safety.

 

[Kevin_Kennedy]

Those same experts also had no idea this recession was coming, so forgive me if I don't take their opinion to heart.

 

[saveliberty]

You actually can make a case that we aren't out of the recession yet. The 2.8% growth figure can be compared to an impact of government spending at a 3.1% level. This results in a -0.3% decrease for the third quarter. That is right. Still in a recession. Sort of matches reality better huh?

Could you expand please?

Is the 2.8% growth on the total economy?
Is the 3.1% level an increase in government spending or 3.1% of the total economy?

3.1% of the total economy.

 

[amrchaos]

The Experts Agree: The Recession is Over.

The "Experts" also agreed that the stimulus was a good idea.

If the Stimulus works then It was a good idea

If it does not, then it was a bad idea

See how it works??

 

[uscitizen]

I have nothing backward.

You print up a bunch of money, with no corresponding increase in production and/or value, and you inflate the currency. You also inflate price bubbles, like what's currently happening in the oil, gold and silver markets.

The run-up in those prices in advance was merely a flight to safety.

The oil went up in part becuase the value of the dollar deflated against other world currencies.
But speculation had drive it up to near $80 before the $ decline came into play.