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Recession has been over for 17 months now...why is the economy so slow?
Libradex Blog ^

Posted on 12/08/2010 6:02:35 PM PST by ssugasl231

According to NBER.orgthe National Bureau of Economic Research, the recession officially ended June, 2009.

Yet unemployment just went UP to 9.8%.

So we are not in recession folks; we have been out of it since mid-2009. What is keeping unemployment so HIGH?

(Excerpt) Read more at libradex.com ...


TOPICS: Business/Economy; Politics
KEYWORDS: conmen; frauds; hucksters; liars; medialies; obamalies; scamartists; theylie

1 posted on 12/08/2010 6:02:39 PM PST by ssugasl231
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To: ssugasl231

Because we’re downshifting from capitalism to communism? That’s about all I can come up with that may be causing it.


2 posted on 12/08/2010 6:04:39 PM PST by FlingWingFlyer (Merry Christmas to all of my FReeper FRiends!)
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To: ssugasl231

I think I remember reading that the only reason the GDP is above recession levels is that government spending is counted as part of the GDP. In other words...it’s not over.


3 posted on 12/08/2010 6:04:53 PM PST by DouglasKC
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To: ssugasl231

Because the depression started after the recession ended.


4 posted on 12/08/2010 6:06:20 PM PST by pnh102 (Regarding liberalism, always attribute to malice what you think can be explained by stupidity. - Me)
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To: DouglasKC

no inflation either.


5 posted on 12/08/2010 6:06:24 PM PST by scooby321
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To: ssugasl231

Inside the Beltway, all is joy and rapture.

We are marching to Buchenwald.


6 posted on 12/08/2010 6:06:49 PM PST by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto.)
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To: FlingWingFlyer

Somewhat, I think you’re right. As the article states, Obamacare has a lot to do with it with increased costs.

Those costs weigh heavily on business decisions, as well as a lack of faith in Obama to handle things according to the law (e.g. GM takeover/stiffing the bondholders).


7 posted on 12/08/2010 6:07:03 PM PST by ssugasl231
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To: ssugasl231

it isn’t over just because obamanation says it’s over. he is a proven liar to the American people.


8 posted on 12/08/2010 6:07:59 PM PST by bareford101 (For me, there is no difference in a tolerant, open mind and a cess pool. Both are open to filth.)
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To: DouglasKC

Writing is on the wall for Obama/2012.

If unemployment doesn’t go below 8%, he’s done, no matter who GOP runs.


9 posted on 12/08/2010 6:08:18 PM PST by ssugasl231
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To: ssugasl231

I believe part of the problem is uncertainty in the market place brought on my the lack of direction in the gov on everything from taxes to health care. Setting a direction and going whether right or wrong would be better that what we have now. Nobody can predict anything with obama going back and forth and the dems and demlites, er, rhino repubs running us into the ground. The incoming repubs have 3-6 months at best to right this mess or we are screwed for a long time.


10 posted on 12/08/2010 6:09:14 PM PST by DonaldC (A nation cannot stand in the absence of religious principle.)
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To: pnh102

Problem is this ain’t the 1930s; FDR couldn’t exist today.


11 posted on 12/08/2010 6:09:28 PM PST by ssugasl231
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To: ssugasl231

...and the Left says the Right is out of new ideas. LOL.


12 posted on 12/08/2010 6:12:02 PM PST by CommieCutter (A Centrist Democrat is now defined as: between Socialism and Communism.)
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To: ssugasl231
So we are not in recession folks

The numbers are BS. I drive around and see places for sale and for rent that haven't been unoccupied during my 38 years here. I know people I used to work with who are out of work and have no hope of getting another job. The mall parking lots look like they do in June. All but one of the of the businesses that I've done work for in NJ exist anymore. It's just great out there.

ML/NJ

13 posted on 12/08/2010 6:13:28 PM PST by ml/nj
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To: ssugasl231

Like the sign in the tavern says: “Free Beer Tomorrow”


14 posted on 12/08/2010 6:16:36 PM PST by bigbob (.)
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To: ssugasl231
it never stopped...


15 posted on 12/08/2010 6:18:24 PM PST by HangnJudge
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To: ssugasl231
it never stopped...


16 posted on 12/08/2010 6:18:36 PM PST by HangnJudge
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To: ml/nj
I know people I used to work with who are out of work
and have no hope of getting another job.

And it ain't gittn' prettier


17 posted on 12/08/2010 6:21:07 PM PST by HangnJudge
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To: scooby321
No inflation either.

Yet.

18 posted on 12/08/2010 6:23:03 PM PST by abbyg55
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To: ml/nj
I know people I used to work with who are out of work and have no hope of getting another job.

Michigan, Nevada, and California come to mind.
19 posted on 12/08/2010 6:24:46 PM PST by cripplecreek (Remember the River Raisin! (look it up))
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To: cripplecreek
For jobs?

ML/NJ

20 posted on 12/08/2010 6:25:45 PM PST by ml/nj
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To: ssugasl231

zer0 drove it back into the ditch


21 posted on 12/08/2010 6:32:06 PM PST by reefdiver ("Let His day's be few And another takes His office")
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To: ml/nj

Yeah. There used to be some big players in the Jackson Michigan area. They’re long gone and lots of other jobs have evaporated in the last couple of years.


22 posted on 12/08/2010 6:33:05 PM PST by cripplecreek (Remember the River Raisin! (look it up))
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To: scooby321

It’s just kicking in...


23 posted on 12/08/2010 6:35:50 PM PST by theDentist (fybo; qwerty ergo typo : i type, therefore i misspelll)
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To: ssugasl231

I’ve got a hunch that GM will post a significant increase in Escalade sales in coming months.


24 posted on 12/08/2010 6:36:18 PM PST by digger48
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To: ssugasl231

Higher taxes and higher healthcare costs. Less
disposable income, less demand for products.
It’s not that hard to figure out.


25 posted on 12/08/2010 6:48:28 PM PST by Myrddin
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To: ssugasl231
You mean the government lied??????

I'm shocked...shocked, I tell ya...

26 posted on 12/08/2010 6:58:43 PM PST by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: reefdiver

I could not have charted a more confidence-destroying route out of recession than the course we have taken under the current regime. Healthcare we can’t afford and don’t want. Bailouts that should have been chapter 7 or 11 bankruptcy in which bond holders were shafted, threats of carbon taxing, extra-legal regulations concerning greenhouse gas emissions, feinting toward amnesty for millions of illegals, clamping down on energy exploration, etc.

What leadership and inspiration! We’d have been on the road out of this by now had conservatives held the reins of power.


27 posted on 12/08/2010 7:01:34 PM PST by One Name
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To: ssugasl231

The media and this administration are a bunch of bold faced liars. People are hurting, the economy stinks and hasn’t gotten any better. They are trying to talk up the greatest modern depression.


28 posted on 12/08/2010 7:23:59 PM PST by FreeAtlanta (Hey, Barack "Hubris" Obama, what are you hiding? Release your Birth Certificate!)
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To: ml/nj

Technically, we’re not in recession. The economy is just very weak, and for a recovery it’s extremely weak.

It’s Obama’s policies which are causing this weakness.


29 posted on 12/08/2010 7:23:59 PM PST by ssugasl231
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To: ssugasl231

because a moron is at the wheel.


30 posted on 12/08/2010 7:26:57 PM PST by TexasFreeper2009 (Obama = Epic Fail)
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To: ssugasl231

The recession is over? That’s news to me.


31 posted on 12/08/2010 7:29:27 PM PST by dfwgator (Congratulations to Josh Hamilton - AL MVP)
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To: ssugasl231
NBER ignores the human side of the issue; just like every other centralized planning organization.

We are NOT numbers. But, we are the economy.

Until there is some long term, measured in years - not months, the economy will not recover. Statements from the NBER, Congress, the MSM, and other parts of the centralized planning apparatus will be ignored.

All these announcements do is to prove the near total isolation of people living inside the beltway where numbers are more important than people. Worse, when the economy does recover any announcements from these sources will be ignored by the people because of unsupportable announcements like the one in this port.

So Sorry DC - you ain't “We the People” any more (if you ever were)!

32 posted on 12/08/2010 7:32:25 PM PST by Nip (TANSTAAFL)
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