Skip to comments.Recession officially ended in June 2009
Posted on 09/20/2010 8:30:03 AM PDT by rdl6989
NEW YORK (CNNMoney.com) -- The Great Recession ended in June 2009, according to the body charged with dating when economic downturns begin and end. But the news comes amid rising fears of a double-dip recession.
The National Bureau of Economic Research, an independent group of economists, released a statement Monday saying economic data now clearly points to the economy turning higher last summer.
That makes the 18-month recession that started in December 2007 the longest and deepest downturn for the U.S. economy since the Great Depression.
(Excerpt) Read more at money.cnn.com ...
2009 or 2010?
It must be a jobless recovery.
Since the recession is over ....
Recession officially ended in June 2009:
Tell that to the job market.
That’s when the depression began?
What a coincidence ... that’s the day when pigs began to fly
??????? Uhhhhh? If you take the 9%+ unemployment in Florida, count the part time jobs and the people who’s benefits ran out, we have about 20%+ unemployed! That’s greater than the U.S.depression of the 30’s.
Considering a 6-month lag in cause and effect...
GEORGE W BUSH got us out of the recession...AND
Imam Obama started a new one.
Suuuuurrrre it did. Next, they’ll piddle on my leg and tell me that it is raining.
If I didn’t know better I would think there is some election year Obama spin going on here. I’ve been reading the comments on twitter about this. You can imagine what people think of this “news”.
I think they have been doing that to us for a while...
I thought posts from The Onion weren’t allowed here???
Give those economists a Nobel Prize!
Where is my job then?
So that means we’re Driving (with a D) into a ditch and the only solution is to Reverse (with an R) back to the policies which got us out of the last recession.
Damn these liars to hell.
OUR BRAVE NEW WORLD
Black is good
White is bad
You must spend to save
Judgement is discrimination
Illegal is legal
The meaning of the Constitution evolves
The war in Iraq is over
The recession has ended
Obama is not a socialist
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