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Recession officially ended in June 2009
CNN.com ^ | Sept 20, 2010 | Chris Isidore

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 ...


TOPICS: Business/Economy
KEYWORDS: economy; recession
Uh, sure it did.
1 posted on 09/20/2010 8:30:05 AM PDT by rdl6989
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To: rdl6989

2009 or 2010?


2 posted on 09/20/2010 8:31:06 AM PDT by Tai_Chung
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To: rdl6989

It must be a jobless recovery.


3 posted on 09/20/2010 8:31:46 AM PDT by kosciusko51
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To: rdl6989

Since the recession is over ....

http://www.youtube.com/watch?v=oAALb9sd_gg

http://www.youtube.com/watch?v=1aXpty_1xo4&NR=1


4 posted on 09/20/2010 8:33:04 AM PDT by TomGuy
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To: rdl6989

Recession officially ended in June 2009:

Tell that to the job market.


5 posted on 09/20/2010 8:33:28 AM PDT by skully (There are Americans, and then there are Liberals.)
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To: rdl6989

That’s when the depression began?


6 posted on 09/20/2010 8:34:15 AM PDT by MichiganConservative (A government big enough to do unto the people you don't like will get to doing unto you soon enough.)
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To: rdl6989

What a coincidence ... that’s the day when pigs began to fly


7 posted on 09/20/2010 8:35:23 AM PDT by clamper1797 (Pray for Obama Psalms 109:8)
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To: rdl6989

??????? 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.


8 posted on 09/20/2010 8:37:11 AM PDT by Bringbackthedraft (The candidate they smear the most is the one they fear the most.)
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To: rdl6989
Excellent!

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.

.

9 posted on 09/20/2010 8:40:00 AM PDT by Seaplaner (Never give in. Never give in. Never...except to convictions of honour and good sense. W. Churchill)
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To: rdl6989

Suuuuurrrre it did. Next, they’ll piddle on my leg and tell me that it is raining.


10 posted on 09/20/2010 8:40:30 AM PDT by Army Air Corps (Four fried chickens and a coke)
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To: Bringbackthedraft

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”.

http://twitter.com/#search?q=Recession%20Ended


11 posted on 09/20/2010 8:41:25 AM PDT by rdl6989 (January 20, 2013- The end of an error.)
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To: Army Air Corps

I think they have been doing that to us for a while...


12 posted on 09/20/2010 8:42:35 AM PDT by kosciusko51
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To: rdl6989

Political hogwash........


13 posted on 09/20/2010 8:42:43 AM PDT by Sarajevo (You're jealous because the voices only talk to me.)
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To: Sarajevo

I thought posts from The Onion weren’t allowed here???


14 posted on 09/20/2010 8:45:47 AM PDT by Rational Thought
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To: rdl6989

http://www.nber.org/


15 posted on 09/20/2010 8:49:00 AM PDT by mrsmith
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To: rdl6989

Give those economists a Nobel Prize!


16 posted on 09/20/2010 8:56:54 AM PDT by Winstons Julia (The liberal mantra: Never enough.)
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To: rdl6989

Where is my job then?


17 posted on 09/20/2010 9:01:33 AM PDT by carjic (Laid off since Dec 08...HELP!)
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To: rdl6989

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.


18 posted on 09/20/2010 9:03:13 AM PDT by Question Liberal Authority (Worst. Post-Racial President. EVER.)
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To: rdl6989

Damn these liars to hell.

LLS


19 posted on 09/20/2010 9:08:17 AM PDT by LibLieSlayer (WOLVERINES!)
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To: rdl6989
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

20 posted on 09/20/2010 9:11:18 AM PDT by Iron Munro (I prayed: "O Lord make my enemies ridiculous." And God granted it - He sent the Obamas.)
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To: rdl6989

Oh sure it did! Now nevermind that few can find jobs President Obama is doing a terrific job and all is right with the world.Now be quite and tow the line!*sarcasm*


21 posted on 09/20/2010 9:13:38 AM PDT by chris_bdba
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To: LibLieSlayer

“Recession officially ended in June 2009”

Yeah sure!!! Tell that to the 16% of unemployed Americans.


22 posted on 09/20/2010 9:14:13 AM PDT by kenmcg
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To: rdl6989

What convenient timing! They dated the beginning of the recession as Dec. of 2007, just in time to make the news before the election of 2008. Now they’re seeming to infer that Obama’s policies solved the problems, and ended the downturn. Surprise! And I’m sure the Dems are hoping that the news is just in time for the mid-term elections.


23 posted on 09/20/2010 9:14:58 AM PDT by SuziQ
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To: rdl6989

Whew! What a relief!


24 posted on 09/20/2010 9:16:02 AM PDT by RightGeek (FUBO and the donkey you rode in on)
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To: rdl6989

Beertender! Another round of Magic Obama Skittles for me and all my friends!


25 posted on 09/20/2010 9:21:55 AM PDT by an amused spectator (Islamic law upholds that children born to a Muslim father are automatically Muslim)
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To: rdl6989
Recession is when your neighbor is out of work

Depression is when you are out of work.

Recovery is when Pelosi, Reid and Obama are OUT OF WORK!

The Day of Reckoning is a coming in a VOTING BOOTH NEAR YOU!

26 posted on 09/20/2010 9:33:49 AM PDT by cruise_missile
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To: rdl6989

YOU LIE.

I must have missed the memo, as well as the millions of folks that have lost their jobs, dreams, treasures, homes and in some cases, even their families.

If all Obama can do is FAIL, he must invent success.


27 posted on 09/20/2010 9:44:35 AM PDT by Gator113 (Beauty will devour the Beast in 2012. Kill "Obamamosque"@ Ground Zero)
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To: rdl6989

Ridiculous. Obama now has some “scientific” evidence for his economic victory speech today.


28 posted on 09/20/2010 9:49:05 AM PDT by AngieGal
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To: kenmcg

Amen Ken!

LLS


29 posted on 09/20/2010 10:16:37 AM PDT by LibLieSlayer (WOLVERINES!)
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To: rdl6989

This is easy for them to say. They still have their jobs.


30 posted on 09/20/2010 3:29:28 PM PDT by TwelveOfTwenty (Compassionate Conservatism? Promoting self reliance is compassionate. Promoting dependency is not.)
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