Economists See a Rebound in September

WSJ ^

[freed0misntfree]

Economists in the latest Wall Street Journal forecasting survey expect the recession to end in September, though most say it won't be until the second half of 2010 that the economy recovers enough to bring down unemployment.

[FreepShop1]

The Soros Network succeeded in convincing everyone that this economy is much worse than it really was, to ensure the election of Obama. Things are proceeding according to plan. Soon the economy will rebound, and Obama will be re-elected in a landslide, with vast powers to remake America under the Socialist mantle.

[mulligan]

September of what year?

[TSgt]

Notice the uptick before the 1929 crash.

[org.whodat]

Didn’t Herbert Hoover and FDR say this from 1930-1941?

Yes and any fool that thinks there is a market for fourteen million homes and construction is going to start booming again in six months is worse than a fool.

[org.whodat]

Seen any vacant commercial property lately?

What's the old saying about it's everywhere, it's everywhere.

[org.whodat]

I would bet we exceed the 34 months.

[TSgt]

You know, I haven’t started “stocking up” on provisions just yet but am very close...

I just don’t see any long-term job creation in our future.

[org.whodat]

USA today says current number is 1 in 9 homes empty. Now unless you have a magic wand, it will be a long time selling them since for years the annual number of new homes was about 144,000 per year.

Consider the demographics of the population and the custom build market and there is a lot of very deep doo doo out there.

[ChicagahAl]

"we'll get a double-dip recession"

Just like Baskin Robbins! Make mine a triple dip, with a cherry on top.

You are undoubtedly correct that it will be at least a double-dipper.

All these so-called economists are doing, is looking at the classic leading indicator; the stock market. They are counting six months out and "forecasting" an economic rally, just like the current stock market rally.

Just like the market, where some companies are doing well and generating increased earnings, some parts of the economy will recover as well. As a result of that, the Kenyan and his congressional moonbats will endeavor to suck the blood out of those sectors with massive regulation/manipulation, and the economy will tank again. And again. And again. Until we all "work" for the government.

Unless we can figure out a way to overcome the vote fraud.

[bill1952]

Yeah. And I have a feeling that there is going to be a lot more by 2011.

[jamese777]

You’re talking about OBAMAMORON’s future yes. But the economic climate in the 2nd and 3rd quarter will dictate whether he’ll have his co-conspirators in Congress from ‘11 on, to rubber-stamp his continued efforts at destroying the “free market” economy (or the dregs that are left of it by then!)

---

I’m remembering that Clinton lost Democratic control of Congress and still got reelected by a larger margin in 1996 than in 1992 in spite of the Lewinsky scandal. I don’t count my chickens before they’re hatched.

[org.whodat]

The fools miss read the bank income data the other-day, it told me increased bank income meant more people were living off of their credit cards.

[Freedom_Is_Not_Free]

By the same economists who didn’t foresee the collapse of the housing bubble, the liquidity crisis, the stock market crash, the recession, soaring unemployment, economic decoupling was a lie... Sure I believe ‘em. Suuuuuuuuure.