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

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

    Economy grows in 3Q, signals end of recession - Yahoo! News

    The economy grew at a 3.5 percent pace in the third quarter, the best showing in two years, fueled by government-supported spending on cars and homes. It's the strongest signal yet that the economy has entered a new, though fragile, phase of recovery and that the worst recession since the 1930s has ended.

    Going forward, many analysts expect the pace of the budding recovery to be plodding due to rising unemployment and continuing difficulties by both consumers and businesses to secure loans.
    ......comments?
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    re: The recession may be over at last so what now? [edited]

    What recession?

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

    Thank God Obama is our president to get us out of this mess!

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

    Great because now when it goes back down, Prez Doofus will get all the credit.

    .

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

    Quote Originally Posted by TOJ View Post
    Great because now when it goes back down, Prez Doofus will get all the credit.

    .
    And when it rebounds, he will again get all of the credit. Output tends to follow a cyclical pattern.
    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]

    In reality, the Pres has nothing to do with the performance of the economy. It's cyclical.

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

    Good news, of course -- but we ALL know how meaningless this would be if a Republican were President.

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

    Quote Originally Posted by Goobieman View Post
    Good news, of course -- but we ALL know how meaningless this would be if a Republican were President.
    Your partisan hackery is of no use to this conversation....
    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 Goldenboy219 View Post
    Your partisan hackery is of no use to this conversation....
    Sorry that the truth hurts.

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

    Quote Originally Posted by reefedjib View Post
    In reality, the Pres has nothing to do with the performance of the economy. It's cyclical.
    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.

    .

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