Monday, September 20, 2010

The Recession is Over! Can Everyone Calm Down Now?

Image from source, Huffington Post
Yeah, no, not so much.  After all, this study says the recession ended last year.  But because of disproportionate income and other factors, we're not really feeling it yet. Probably won't for a while.  One thing this will do in the history books--provided things slowly get better, rather than worse--is that conservatives trying to dub it "The Obama Recession" will lose that moniker. After all, if it started in 2007 during George W. Bush's term, and concluded in Obama's first year?  I'd call that The Obama Recovery.  I know, it's not much to hang your hat on. Particularly when--if Republicans squeak out control of the House and/or Senate--we're going to hit the reset button, and go back to the policies that were in place in. . .2007. Ugh.  Jane, get me off this crazy thing!

[Excerpt]

The Recession Is OVER, Says Economic Panel

It's official: The longest recession the country has endured since World War II ended in June 2009, according to a group that dates the beginning and end of recessions. . .

Read more at: Huffington Post

2 comments:

  1. If the liberals are still blaming Bush for the economy then you have to give credit to Bush and his policies for ending the recession. Hell, Obama was in office 5 months when the recession ended, so none of his policies really had taken effect.
    So, thank you GWB for the ending the recession.

    ReplyDelete
  2. Take 'em where you can get 'em, Dan! Funny thing though, the TARP bill which began in the GWB Administration is constantly conflated with Obama's supposedly odeous "bailouts." You gonna take that one?

    ReplyDelete

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