‘Great Recession’ over, research group says

msnbc ^ | 9/20/10 | staff

[Nachum]

Downturn lasted 18 months; longest recession since World War II

The “Great Recession” has ended, officially.

At least, that's the word from the private research organization that calls the beginnings and endings of recessions, the National Bureau of Economic Research.

The NBER said Monday that the recession which began in December 2007 ended in June 2009, which marked the beginning of an expansion. The announcement rules out the possibility of a so-called “double-dip” recession, because any new downturn would be seen as a brand new recession.

[Nachum]

Nothing to see here, move along

[Nachum]

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[austinaero]

Hmmm”any new downturn would be seen as a brand new recession.”

So, O and the Dems would definitely own it at that point. Dunno about this analysis,,seems ‘fluffy’

[albie]

How some people sleep at night is beyond me. They’re either really stupid or really smart. We have a butt load of bubbles to burst before we recover from anything.

[Spok]

“The announcement rules out the possibility of a so-called “double-dip” recession, because any new downturn would be seen as a brand new recession.”

This would make it tougher to blame it on Bush-it would truly belong to the ‘bammer.

[massgopguy]

they said it was longer than the Recession in the mid 80’s. Um, wouldn’t that be late 70’s?

[yetidog]

So now the depression starts, or what?

[sinanju]

So what do we know about the “National Bureau For Economic Research”?

[adm5]

Hmmm”any new downturn would be seen as a brand new recession.” So, O and the Dems would definitely own it at that point.

That's racist.

[ExTexasRedhead]

Sounds like a Prozac party is needed amongst the Ruling Class. They’re delusional and psychotic and totally losing their sense of reality.

[WKUHilltopper]

Lie enough and someone will believe them.

[circlecity]

Prosperity is just around the corner.

[vetvetdoug]

New news to use for the election. Now prove it.

[mad_as_he$$]

BULL$HIT!

[massgopguy]

they said it was longer than the Recession in the mid 80’s. Um, wouldn’t that be late 70’s?

[The Sons of Liberty]

The “Great Recession” has ended, officially. At least, that's the word from the private research organization that calls the beginnings and endings of recessions, the National Bureau of Economic Research.

How much of our TARP money did these idiot slackers get to kiss 0bama's ass?

[NorCoGOP]

The “Great Recession” has ended, officially.

BULL

Not yet.

N O V E M B E R 2...

THAT will start the end of the recession...

[Don Corleone]

I am soooooo relieved! /sarc

[Nat Turner]

The recession will end when all those parasites that live off of “grants”, “research”, “tenure” and other libtard hype get REAL JOBS in the productive economy!

[Personal Responsibility]

I seem to recall hearing “the recession has ended” at least three or four other times in the last year and a half or so. I guess if you cherry pick enough data and torture it for long enough you can get it to say whatever you want.