[b4its2late]

Sure is. The Depression starts.

[Tenacious 1]

Is it time to start complaining that all the new job growth is to low paying wages and that American’s are still getting poorer in this horrible Bush economy?

Oh, wait. That’s right, we are still losing jobs. I guess we will have to wait to complain about how a falling unemployment rate doesn’t mean anything and the economy is still horrible because all the new jobs are crappy jobs.

[avacado]

466,000 Americans lost their jobs in August.

[RC one]

Right, because all those fundamentals that caused the recession are so much better now

[AppyPappy]

“All is well”.

[Venturer]

I would bet this guy has brown eyes. He is full of crap right up to the Cornea.

[Regulator]

Damn, Bennie declares victory and leaves the fight.

He's a product of his era, you know? This is what the libs kept telling us to do in 1970.

[tumblindice]

Informal Fallacy: Wishful Thinking
Types:
Appeal to Consequences, Emotional Appeal
Form:
I want P to be true.
Therefore, P is true.

[AmericanVictory]

Has anyone asked Rep. Wilson for his comment on this statement?

[maggief]

“Even though from a technical perspective the recession is very likely over at this point, it's still going to feel like a very weak economy for some time.”

“Of course there are risks on both sides of that forecast — we could have a stronger recovery, we could have a weaker recovery,” he said.

How's that for confidence?!

[SERKIT]

This message is like the flatulent precursor to impending and raging diarrhea.

[the invisib1e hand]

If this recession is over, the odds of a double dip must be significant indeed.

[andy58-in-nh]

Gee: how are those credit markets doing these days? Haven't heard much about them - everything must be just fine. And all of those adjustable rate mortgages - they're all getting paid off on time, right? Sure, they must be. None of the media stock-pumpers like Cramer are talking about it.

And the job market must be improving, because only a quarter of a million people lost theirs last month - well, technically it was over 900,000, but the Labor Department doesn't count in the U-3 report people whose temporary job assignments are over and those who have stopped looking for work. Oh, well.

So keep putting your money in those wonderful public companies folks, like Citi, AIG, Bank of America, Fannie and Freddie, because everything's coming up roses, just like Obama says.

Me? I'll soon be shorting this bitch like there's no tomorrow - which given our debt ratios, may not be that far off.

[Vendome]

Saw Tim Geithner on ABC this morning and he is not saying that.

[markomalley]

A recession is two consecutive quarters of economic decline. So one should figure that a recession is over with two consecutive quarters of economic growth. We have yet to see one such quarter. (First, the third quarter isn’t over yet and, second, the preliminary results won’t be out until October 29th).

I would be happy to see it over, but the evidence isn’t there. One government-sponsored giveaway to simulate growth does not equal growth.

[DesertConservative]

Bernanke must be a long-lost twin of Baghdad Bob.

[Seruzawa]

Okay, that settles it. What’s on TV tonight?