Posted on 04/09/2010 4:35:12 AM PDT by Woebama
The American economy appears to be in a cyclical recovery that is gaining strength. Firms have begun to hire and consumer spending seems to be accelerating.
That is what usually happens after particularly sharp recessions, so it is surprising that many commentators, whether economists or politicians, seem to doubt that such a thing could possibly be happening.
(Excerpt) Read more at nytimes.com ...
Increased jobless claims always point to a recovery. And my massive beer gut always entices bikini models to my front door.
What utter BS. The NYT is still trying to tell the rest of the us how stupid we are that we don’t see a recovery.
LOL! Post of the day.
Nothing is recovering, it has just hit rock bottom and can’t go any lower. The quicker we get rid of this Commie occupying the White House the quicker we can get to real recovery.
He got the weekend talking points a day early.
I believe the stimulus money is being held back till just before the election where the WH will release billions as payoffs for votes.
Even assuming the bloodied economy is stumbling to it’s feet, it won’t be long before the club of all the new taxes
will club it back down to the ground!
The Audacity of the NYT... why am I not surprised.
Uh....we're losing @ half a million jobs per WEEK. What "recovery?"
The next round of sub prime mortgages are coming due. How many will be homeless - and unemployed - this time?
The private sector has cut costs, in some cases drastically, to navigate through the recession. The public sector is spending more than ever at the federal, state, and local level. Recovery cannot begin in ernest until this government bubble bursts.
Sure...the economy is recovering....and Tiger Woods is really a virgin...
As Mark Twain put it, "There are lies, damned lies, and statistics." I think this article has all three.
Obama: No recovery will go unpunished! ;-)
There was an article yesterday from the Business Insider that pointed out how much of the current consumer spending is occurring b/c they have no mortgages...
“There was an article yesterday from the Business Insider that pointed out how much of the current consumer spending is occurring b/c they have no mortgages...”
And no jobs to buy food so no weight problems.....;-)
Yup!
The government is spending so much federally and locally I don’t see how anyone but the govt workers and wall street firms can recover in this mess as all the money being spent is going to those sectors.
Everyone else is screwed.
Not where I sit and, believe me, I wish it were so.
Personally, I’ll start to have more confidence when commercial real estate begins moving again but, where I am, there is only an ever-growing glut as small businesses continue to shut down.
bingo
it has just hit rock bottom and cant go any lower.
*********
Nope, you ain’t seen nuthin’ yet.
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