Tag Archives: recession

Recession is Over!

According to a survey of 44 forecaster’s released by the National Association for Business Economics (NABE), the recession has come to an end.

http://www.reuters.com/article/companyNewsAndPR/idUSN1214727320091012

And how do my conservative peers react to this news?

Some deny that the recession is over, claiming the worst is yet to come.
I figure this group has invested heavily in gold.

Some point to specific examples in their lives as proof that the recession is not yet over (my neighbor just lost her job).
These comments are laughably stupid and ignorant of the definition of a recession.

And others think that the recovery would have come quicker without the stimulus.