Truthmatters
Diamond Member
- May 10, 2007
- 80,182
- 2,272
- 1,283
- Banned
- #41
National Association for Business Economics:
Recovery Soon to Lose "Jobless" Label
November 2009
Reaffirming last months call that the Great Recession is over, NABE panelists have marked up their predictions for economic growth in 2010 and expect performance to exceed its long-term trend. While the recovery has been jobless so far, that should soon change. Within the next few months, companies should be adding instead of cutting jobs, said NABE President Lynn Reaser, chief economist at Point Loma Nazarene University. Panelists predict a relatively sluggish consumer upturn but look for a sizable housing rebound, low inflation, and further rise in stock prices. Importantly, panelists are mostly (though not entirely) optimistic that the Federal Reserves policies will not lead to higher inflation. At the same time, NABE panelists are extremely concerned about high federal deficits over the next five years.
National Association for Business Economics (NABE)
Thank you for digging us out of Bush's deep hole Mr Obama.
Same fucking experts who didn't see it coming?? Geithner?? Barnake?? Bawney! keep drinking yer kool aid .
You didnt see it coming either so you get to join the list you created