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View Full Version : Economic panel says recession ended in June 2009


Wild Cobra
09-20-2010, 04:06 PM
Economic panel says recession ended in June 2009 (http://www.katu.com/news/business/103284619.html)

Great news for conservatives. When this proves to be false with more job losses, liberals and RINO's will be hurt more. I'll bet this is reversed before the November elections.
MannyIsGod
09-20-2010, 04:08 PM
Why are you wishing our economic failure?
Wild Cobra
09-20-2010, 04:09 PM
Why are you wishing our economic failure?
Not wishing...

Predicting. Big difference.
MannyIsGod
09-20-2010, 04:11 PM
Um, you think the economy going down would be great news for you because it would cause you political gain. Thats a pretty shitty thing to be happy over. I thought we were supposed to want the economy to do well no mater who's methods accomplished it?
clambake
09-20-2010, 04:16 PM
Um, you think the economy going down would be great news for you because it would cause you political gain. Thats a pretty shitty thing to be happy over. I thought we were supposed to want the economy to do well no mater who's methods accomplished it?

"success is not an option"
CosmicCowboy
09-20-2010, 04:17 PM
Dang! Obama ended the recession in only 5 months! Amazing!
TeyshaBlue
09-20-2010, 04:21 PM
Well, I'm happy to report that the recession is alive and doing well at my house. :depressed
Oh, Gee!!
09-20-2010, 04:30 PM
when does the progression start?
Stringer_Bell
09-20-2010, 04:38 PM
when does the progression start?

When the GOP win the midterm elections and take over the House and Senate, silly! Otherwise we're all going to Hell and the terrorists/gays/welfare recipients win!
Wild Cobra
09-20-2010, 04:41 PM
Um, you think the economy going down would be great news for you because it would cause you political gain. Thats a pretty shitty thing to be happy over. I thought we were supposed to want the economy to do well no mater who's methods accomplished it?
View it with what ever filters you wish. I think the liberals are in too much a hurry to call it over and take credit for it during the November elections, and I think it will backfire on them.
MannyIsGod
09-20-2010, 04:42 PM
View it with what ever filters you wish. I think the liberals are in too much a hurry to call it over and take credit for it during the November elections, and I think it will backfire on them.

Oh the liberals huh. Who was the report done by?
Wild Cobra
09-20-2010, 04:42 PM
when does the progression start?
maybe after the democrats are out of congress so we can get past this "repression."
George Gervin's Afro
09-20-2010, 04:45 PM
Oh the liberals huh. Who was the report done by?
Wild Cobra
09-20-2010, 04:46 PM
Oh the liberals huh. Who was the report done by?
Didn't you read the article? The National Bureau of Economic Research. Thing is, by definition, it has nothing to do with future prediction, but data. Do you think the census hiring didn't change the reality? Do you think the democrats will run as if this is good news? Do you think it will remain, especially as the facts during campaigns come out the the republicans introduced a tax bill to retain the tax cuts, but democrats only gave lip service?
Nbadan
09-20-2010, 05:54 PM
This just proves what Dems have been saying all along....the stimulus worked....what's not working are the private small-business credit markets used to create jobs because bankers see American's becoming increasingly tapped-out...thanks globalism!
DarrinS
09-20-2010, 05:58 PM
This just proves what Dems have been saying all along....the stimulus worked....what's not working are the private small-business credit markets used to create jobs because bankers see American's becoming increasingly tapped-out...thanks globalism!



I can understand how you became a 9/11 twoofer.
Nbadan
09-20-2010, 06:11 PM
Birther!
Nbadan
09-20-2010, 06:12 PM
There is little to no recession in Texas....
coyotes_geek
09-20-2010, 08:55 PM
Since the recession is over and the stimulus worked, we can cut the federal budget by a third since the trouble has passed. Right Keynesians?
Parker2112
09-20-2010, 09:05 PM
lol posting a complete report just to call the whole thing BS...
Wild Cobra
09-20-2010, 09:57 PM
Since the recession is over and the stimulus worked, we can cut the federal budget by a third since the trouble has passed. Right Keynesians?
If the news is true, then yes.
scott
09-20-2010, 11:26 PM
I hate to break it to some of you folks, but "recession" is a specifically and discretely defined event. It's not subject to opinion or subjective circumstance. The economy may remain shitty and may even enter another recession, but that is exclusive of the recession ending last year.
Trainwreck2100
09-20-2010, 11:41 PM
Didn't you read the article? The National Bureau of Economic Research. Thing is, by definition, it has nothing to do with future prediction, but data. Do you think the census hiring didn't change the reality? Do you think the democrats will run as if this is good news? Do you think it will remain, especially as the facts during campaigns come out the the republicans introduced a tax bill to retain the tax cuts, but democrats only gave lip service?

census hiring? That occurred in2010
ElNono
09-20-2010, 11:43 PM
:lmao
Wild Cobra
09-21-2010, 12:19 AM
census hiring? That occurred in2010
You got me there. I saw June and was thinking this year.
BlairForceDejuan
09-21-2010, 10:26 AM
Business must have picked up for the economic panel lmao
Drachen
09-21-2010, 12:26 PM
Also, job losses don't really have much to do with a recession ending as jobs are a lagging indicator. Additionally, as has been stated, calling the end to a recession doesn't preclude entering another recession. I am not even an economist (only 2 classes on the undergrad level), and even I know this. It's not rocket surgery here.