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the recession is over
Breaking news - thank goodness the recession is over. Just put out today in the news. Too bad about 98% of the folks around here can't tell it.
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More amazingly, it was already over a year ago. And here we were worrying.
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What do you call what were in now?
Besides depressing as hell.... |
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H A T W O U L D B E A D E P R E S S I O N . . . A NEW REALITY & WAKE-UP CALL FOR THE NEWLY AGING 40+ YEAR OLDS THAT ARE BROKE, OUT OF WORK.....ESPECIALLY THE ONES THAT DID NOT FLOURISH THE PAST 20+ YEARS DURING THE BOOM.......http://f310.mail.yahoo.com/ya/downlo...Inbox&inline=1 |
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get out and take a hike, it's free, and in Utah, it is usually beautiful |
I thought we had known this for a while, the economy hasn't met the criterion for a recession for months. Is this just the "official" data being published?
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- Peter. |
I seem to remember reading news stories reporting that the numbers indicated the recession was over months ago. Maybe those reports were based on preliminary economic data? I don't remember a specific source.
In any event, recession has a specific definition that is not related to unemployment or personal income. |
Its getting better, I already have a parcel lined up to buy next year that I'm going to be putting nicer colonials on. Let the good times roll Hatty wants a new Mercedes!:D:cool:
Now all I have to do is decide if I want a new E or a slightly used SL/S.:D |
I do think the US is in a "recovery" at this point, but it is slow and relatively jobless. It will be a couple/few years before employment is back to "normal" everyplace.
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The end of the recession merely means that "the fall" didn't kill us yet . . . and now we have to start climbing out of the hole we fell into.
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