RECESSION ENDS!!! (over a year ago???)
This is an interesting article detailing the recent conclusion that the U.S. recession ended in June of 2009. How can this be? Aren't we all still upset that President Obama hasn't pulled this car out of the ditch yet? The article also points out that this was the longest recession since the Great Depression. Does this mean experts were correct when they predicted this would be the worst recession since the Great Depression soon after Wall Street collapsed? If this article is telling the truth, why are we all so upset?
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3 comments:
I think the article answers the questions you ask.
You are correct. The article alludes to one obvious reason why some remain upset. The last paragraph makes it very evident. However, are there less obvious reasons why people remain upset and continue to call this a recession?
I must have missed the news that the recession had ended. Got to pay more attention the news when it comes to this kind of stuff. Oh ya, the news that’s supposed to fare and balanced seems to be lacking when it comes to delivering the news about the economy.
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