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‘Great Recession’ over, research group says
msnbc ^ | 9/20/10 | staff

Posted on 09/20/2010 10:09:30 AM PDT by Nachum

Downturn lasted 18 months; longest recession since World War II

The “Great Recession” has ended, officially.

At least, that's the word from the private research organization that calls the beginnings and endings of recessions, the National Bureau of Economic Research.

The NBER said Monday that the recession which began in December 2007 ended in June 2009, which marked the beginning of an expansion. The announcement rules out the possibility of a so-called “double-dip” recession, because any new downturn would be seen as a brand new recession.

(Excerpt) Read more at msnbc.msn.com ...


TOPICS: Government; News/Current Events
KEYWORDS: great; over; recession; research
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Nothing to see here, move along
1 posted on 09/20/2010 10:09:32 AM PDT by Nachum
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/


2 posted on 09/20/2010 10:10:04 AM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Nachum

Hmmm”any new downturn would be seen as a brand new recession.”

So, O and the Dems would definitely own it at that point. Dunno about this analysis,,seems ‘fluffy’


3 posted on 09/20/2010 10:10:48 AM PDT by austinaero ((More Bark, Less Wag))
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To: Nachum

How some people sleep at night is beyond me. They’re either really stupid or really smart. We have a butt load of bubbles to burst before we recover from anything.


4 posted on 09/20/2010 10:11:54 AM PDT by albie
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To: Nachum

“The announcement rules out the possibility of a so-called “double-dip” recession, because any new downturn would be seen as a brand new recession.”

This would make it tougher to blame it on Bush-it would truly belong to the ‘bammer.


5 posted on 09/20/2010 10:12:03 AM PDT by Spok (Free Range Republican)
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To: austinaero

they said it was longer than the Recession in the mid 80’s. Um, wouldn’t that be late 70’s?


6 posted on 09/20/2010 10:12:20 AM PDT by massgopguy (I owe everything to George Bailey)
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To: Nachum

So now the depression starts, or what?


7 posted on 09/20/2010 10:12:34 AM PDT by yetidog
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To: Nachum

So what do we know about the “National Bureau For Economic Research”?


8 posted on 09/20/2010 10:13:00 AM PDT by sinanju
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To: austinaero
Hmmm”any new downturn would be seen as a brand new recession.” So, O and the Dems would definitely own it at that point.

That's racist.

9 posted on 09/20/2010 10:13:08 AM PDT by adm5 (AMERICA HAS ONLY GOD AND THE SECOND AMENDMENT LEFT TO SAVE THE REPUBLIC. by: LibLieSlayer 3/18/10)
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To: Nachum; Free ThinkerNY; unkus; flat; ZULU; freekitty; NorwegianViking; Recovering Ex-hippie; ...

Sounds like a Prozac party is needed amongst the Ruling Class. They’re delusional and psychotic and totally losing their sense of reality.


10 posted on 09/20/2010 10:13:28 AM PDT by ExTexasRedhead (Take back our country on November 2, 2010.)
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To: Nachum

Lie enough and someone will believe them.


11 posted on 09/20/2010 10:13:28 AM PDT by WKUHilltopper (Fix bayonets!)
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To: Nachum

Prosperity is just around the corner.


12 posted on 09/20/2010 10:13:33 AM PDT by circlecity
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To: Nachum

New news to use for the election. Now prove it.


13 posted on 09/20/2010 10:14:51 AM PDT by vetvetdoug
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To: Nachum

BULL$HIT!


14 posted on 09/20/2010 10:15:21 AM PDT by mad_as_he$$ (Playing by the rules only works if both sides do it!)
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To: austinaero

they said it was longer than the Recession in the mid 80’s. Um, wouldn’t that be late 70’s?


15 posted on 09/20/2010 10:16:15 AM PDT by massgopguy (I owe everything to George Bailey)
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To: Nachum
The “Great Recession” has ended, officially. At least, that's the word from the private research organization that calls the beginnings and endings of recessions, the National Bureau of Economic Research.

How much of our TARP money did these idiot slackers get to kiss 0bama's ass?

16 posted on 09/20/2010 10:17:45 AM PDT by The Sons of Liberty (Psalm 109:8 Let his days be few and let another take his office. - Mene, Mene, Tekel, Upharsin)
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To: Nachum
The “Great Recession” has ended, officially.

BULL

Not yet.

N O V E M B E R 2...

THAT will start the end of the recession...

17 posted on 09/20/2010 10:20:01 AM PDT by NorCoGOP (OBAMA: Living proof that hope is not a plan.)
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To: Nachum

I am soooooo relieved! /sarc


18 posted on 09/20/2010 10:22:30 AM PDT by Don Corleone ("Oil the gun..eat the cannolis. Take it to the Mattress.")
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To: Nachum

The recession will end when all those parasites that live off of “grants”, “research”, “tenure” and other libtard hype get REAL JOBS in the productive economy!


19 posted on 09/20/2010 10:26:59 AM PDT by Nat Turner (I can see NOVEMBER from my house....)
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To: Nachum

I seem to recall hearing “the recession has ended” at least three or four other times in the last year and a half or so. I guess if you cherry pick enough data and torture it for long enough you can get it to say whatever you want.


20 posted on 09/20/2010 10:26:59 AM PDT by Personal Responsibility ("In a time of universal deciet, telling the truth is a revolutionary act" - Orwell)
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