Recession's over, economists say to a skeptical public
A declaration that the turning point came in June 2009 gets an indignant reaction, showing that many Americans see little difference between the recession and current conditions.
By Don Lee, Los Angeles Times
September 21, 2010 Ben Bernanke: The Recession's Over…technically
2009(?) September 20
by JohnHenion
From Mike Thompson's blog at freep.com
Yes Comrades, not only is the recession over, but it ended in June 2009.
While everyone has been so depressed that they have been deceived into voting Tea Party, it has just now been discovered that there is no recession. Just in time for the November elections.
This has to be great news for people who were doubting the wisdom of voting communist democrat.
It's now settled. Voting communist democrat in 2008 and Trillions of Dollars in the shitter invested was the cure for everything that ailed Amerika.
Socialism has saved the Amerikan Dream! ~
July 25, 2009
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9/20/2010, 8:05 pm
Sugar Daddy Bear
This is GREAT news! This is MORE than GREAT news! This is absolutely GLORIOUS news! I wonder how the 14% unemployed are rejoicing over this WONDERFUL news? Extra ration of vodka for everyone!
My first clue that this Recession™ was over was all the NEW "For Sale" signs popping up like weeds on Peoples™ lawns. I was wondering about that war hoop my neighbor let out—yes, the one who's been unemployed for 2+ years now. Maybe that explains why I see the parking lots empty everytime I drive by a shopping mall.
But just to share in this Great Triumph of Economic Salvation, I'm declaring myself a MILLIONAIRE! Why? Because I say so.
9/20/2010, 8:09 pm
Laika the Space Dog
Thank God Obama for that! Bottoms up and up is bottom!
9/20/2010, 8:23 pm
Groucho Marxist
Mission Accomplished
9/20/2010, 8:31 pm
Comrade Whoopie
[OFF] or [ON] you be the judge.
There is technical recession and then there is practical recession.
Employment is always a lagging indicator. However the sluggishness of this recovery means employment (or lack thereof) may hound Obama right up to 2012 (dog pun not intended but welcome none the less). Practically speaking, this fact is little consolation for those seeking work. Historians (and voters) will debate if Obama's policies helped or hindered the recovery.
9/20/2010, 8:57 pm
Vladimir_Scratchanitch
Comrade Whoopie wrote: Historians (and voters) will debate if Obama's policies helped or hindered the recovery.
Progressive historians can have selective amnesia-
Warren Gamaliel Harding (November 2, 1865 – August 2, 1923) was the 29th President of the United States, serving from 1921 until his death from a heart attack in 1923. A Republican from Ohio, Harding was an influential newspaper publisher. He served in the Ohio Senate (1899–1903) and later as the 28th Lieutenant Governor of Ohio (1903–1905) and as a U.S. Senator (1915–1921).
His conservative stance on issues such as taxes, his affable manner, and campaign manager Harry Daugherty's 'make no enemies' strategy enabled Harding to become the compromise choice at the 1920 Republican National Convention. During his presidential campaign, in the aftermath of World War I; he promised a return to "normalcy"; an "America first" campaign that encouraged industrialization and a strong economy independent of foreign influence. Harding, a fiscal conservative, represented a trend in government that departed from the progressive movement that had dominated Congress since President Theodore Roosevelt.
...Traditionally, polls of historians and scholars have ranked Harding as one of the worst Presidents (nonetheless the nation's unemployment rate dropped by half during Harding's administration);
Today, people say Harding WHO?
9/20/2010, 9:37 pm
Vladimir_Scratchanitch
Town Hall Questioner To Obama: "I'm Exhausted Of Defending You"
"I'm one of your middle class Americans. And quite frankly, I'm exhausted. Exhausted of defending you, defending your administration, defending the mantle of change that I voted for," a woman told President Obama at a town hall.
"My husband and I have joked for years that we thought we were well beyond the hot dogs and beans era of our lives, but, quite frankly, it's starting to knock on our door and ring true that that might be where we're headed again, and, quite frankly, Mr. President, I need you to answer this honestly. Is this my new reality?," she added.
ATLANTA (AP) - Former President Jimmy Carter said Monday he sees parallels between today's tea party and his own campaign for the White House in 1976. But he doesn't think the movement will be much of a factor beyond this fall's elections.
The Georgia Democrat told The Associated Press he rode a wave of voter discontent to the presidency on the heels of the Vietnam War and the Watergate scandal that felled President Richard Nixon, much like tea party conservatives are now earning support by voicing anger at the nation's economic woes.
"I was a candidate that was in some ways like the tea party candidate," Carter said in an interview. "I was a complete outsider. I capitalized legitimately on the dissatisfaction that was permeating our society."
He said the tea party's momentum will likely wear off and they will be co-opted by the Republican Party.
"I think they're going to be quite a major factor in November," he said. "I think there's already a process of absorbing them into the Republican Party. I think they will be much less of a factor in 2012 and in future years."
The comments came the same day the former president's new book, "White House Diary," was released.
In the book, Carter said he pursued an overly aggressive agenda(?!) as president that may have confused voters and alienated lawmakers. But he said the tipping points that cost him the 1980 election were the Iran hostage crisis and the primary challenge by U.S. Sen. Ted Kennedy.
"Had we not had the hostage crisis, I would have won," he said in the interview of his defeat to Republican Ronald Reagan, adding: "Had I not had Kennedy as my opponent, who sapped away a portion of the Democratic wing, I would have been re-elected." FULL STORY
I came from a long line of Republicans, but I registered to vote at the age of 21 as a DEMOCRAT- just because I had a complete can-full of Nixon's lying crap.
I voted for old Peanut Farmer. During his presidency, I lost almost $500,000. And worked my butt off doing it. I got audited by the IRS and they disallowed $125,000 worth of losses as "unrealized profits".
Declare Bankruptcy dipshit! Fire all the state employees that belong to SEIU. Send the undocumented Democrats back to Mexico. Send the kidnapped kids home. Shut down the fruit inspector road blocks.
The proletariat is being upgraded to hot dogs & beans
to go with our beets & potatoes!!!! MEAT !!!!!!!
Now if we can only get a little more kool-aid
as vodka mixer for the fairer Babushka's....
HAPPY DAYS ARE FINALLY HERE MY FELLOW TRAVELERS!
9/21/2010, 2:24 pm
Boris Badanoff
If the recession is over, where is my increased beet ration?
Or at least decent beets without rot spots on them?
9/21/2010, 5:31 pm
Sugar Daddy Bear
If the Recession™ was over in 2009, when did the Depression™ start?
9/21/2010, 6:19 pm
Vladimir_Scratchanitch
Whinny-da-PBUH wrote:If the Recession™ was over in 2009, when did the Depression™ start?
Silly, all good commies know the Depression got over on January 20, 2009
9/21/2010, 8:50 pm
Ivan Ivanobitch
Shut down the fruit inspector road blocks? In CA? How would they manage the equalization of the Nuts without the corresponding number of Fruits. I see an imbalance that might cause the whole wretched mess to fall into the ocean and that would be a bad thing...
Declare Bankruptcy dipshit! Fire all the state employees that belong to SEIU. Send the undocumented Democrats back to Mexico. Send the kidnapped kids home. Shut down the fruit inspector road blocks.
