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Thread: The recession may be over at last so what now? [edited]

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    re: The recession may be over at last so what now? [edited]

    I don't consider it to be meaningful . . . It took them over a year before they decided we were IN a recession so it makes no sense to see an up-tick and dedice that it automatically means we're out.

    I don't consider us out of the water until most people who lost their jobs in part because of the downturn in the economy are fully and gainfully employed again. (Of course, employment and unemployment is not really a factor in deciding the degree of a recession)

    This current uptick simply proves that we've stabilized without those very people being employed ... it's not an accurate assessment.
    A screaming comes across the sky.
    It has happened before, but there is nothing to compare it to now.
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    re: The recession may be over at last so what now? [edited]

    Quote Originally Posted by Goobieman View Post
    Sorry that the truth hurts.
    Your opinion is not the issue, but the fact that you attempt to equate it to truth is a clear signal of desperation.

    Now would you like to further discuss the various aspects of the upward trend in our macro economy?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    re: The recession may be over at last so what now? [edited]

    If credit and employment don't come back we are screwed.

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    re: The recession may be over at last so what now? [edited]

    Quote Originally Posted by Goldenboy219 View Post
    Your opinion is not the issue, but the fact that you attempt to equate it to truth is a clear signal of desperation.

    Now would you like to further discuss the various aspects of the upward trend in our macro economy?
    Upward Trend.... now that is funny.

    .

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    re: The recession may be over at last so what now? [edited]

    Quote Originally Posted by winston53660 View Post
    If credit and employment don't come back we are screwed.
    Of course, there is the other option (not considering credit conditions).

    The natural rate of unemployment in the US is revised to take a more "encompassing" view.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    re: The recession may be over at last so what now? [edited]

    Quote Originally Posted by TOJ View Post
    Upward Trend.... now that is funny.

    .
    Care to explain?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    re: The recession may be over at last so what now? [edited]

    Quote Originally Posted by Aunt Spiker View Post
    I don't consider it to be meaningful . . . It took them over a year before they decided we were IN a recession so it makes no sense to see an up-tick and dedice that it automatically means we're out.

    I don't consider us out of the water until most people who lost their jobs in part because of the downturn in the economy are fully and gainfully employed again. (Of course, employment and unemployment is not really a factor in deciding the degree of a recession)

    This current uptick simply proves that we've stabilized without those very people being employed ... it's not an accurate assessment.
    i don't think that's the gist of the article. recovery is fragile and dependent upon many factors, unemployment being one. we're a long way from robust.

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


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    re: The recession may be over at last so what now? [edited]

    Quote Originally Posted by Goldenboy219 View Post
    Your opinion is not the issue...
    I offered no statement of opinion.

    News of this sort was rampant in 2002-2003-2004; none of it meant a thing to those afflicted with BDS, all of whom were more than happy to poiint to any number of other items to illustrate that the economy was not getting better -- indeed, at times, that it was getting worse.

    To deny this is to illustrate a clear and acute disconnect with reality.

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    re: The recession may be over at last so what now? [edited]

    Quote Originally Posted by TOJ View Post
    Normally I would agree with that, but not in this case. IMO, the policies Prez Doofus is putting in place will significantly affect the USA economy.

    .
    The level of deficit will affect the economy, you are correct. This proves false my statement. His stimulus has little to do with the 3rd quarter growth. It's part of the natural cycle.

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    re: The recession may be over at last so what now? [edited]

    Quote Originally Posted by TOJ View Post
    Normally I would agree with that, but not in this case. IMO, the policies Prez Doofus is putting in place will significantly affect the USA economy.

    .
    .....rather adversly I'm afraid.

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