The recession that began under Bush was over a long time ago.
This is Great Depression II. Sure, people are eating, but that is only because this territory once known as “the United States of America” still has a lot of carrion and oozing fat to feed the vultures and jackals.
The real litmus test is looking at the steady INCREASE in virtual money supply, and the very low actual increase in actual price and wage levels. The economy is in fact contracting, not merely stagnant.
Obama is terrible, but W restored Big Government and put us on this path.
3.2 percent? Is that all? Big deal, under Obama, my wages went down 100 percent! I haven’t had a job for most of the past three years.