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Recession over????


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  #1  
Old 12-01-2009, 05:57 PM
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Default Recession over????

I can't speak as to the situation in the US, but I just heard a broadcast on the news here in Canada, saying "The recession is over"!

I'm not sure I can believe what they are saying. Where I live I wouldn't be so bold as to make a comment like that. Jobs here are hard to find and there are lots of people still out of work. "For Sale" signs are everywhere and on everything one can imagine.

I believe we are still in for some re-adjustments on the market and I feel that this time it will HURT far more than the last time. I'm curious what the rest of you think!


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  #2  
Old 12-01-2009, 08:11 PM
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Greetings Loyd, I believe it is far from over. Heard someone say that what you will need to survive if corrections are not made is God, Guns & Gold. Ijust want to mow yards. Welcome!
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Old 12-01-2009, 08:15 PM
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I think the media and the politicians tend to want things to be black and white. It's either the economy is crumbling or the recession is over. Everything seems to be an extreme and it always seems to be happening right now.

This economic situation we are in now didn't happen over night. It took many many years. To recover from this situation will take many many years as well. I don't think we have even made it through the worst yet. Not until we start seeing more jobs being created and more people back at work.

The creation of businesses and jobs is a priority now but it is going to be a slow road. People will need money to spend in order to increase the need of products and services.
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Old 12-01-2009, 08:25 PM
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Default I am not believing it...

Here is why I do not believe we are out of the recession.

The recession did not start a year ago so it will not be over in a year. The current recession is the result of decades of bad decisions. To think that we can pull out of the recession in anything less than YEARS (at the least) is simply absurd (I really wanted to use that word! lol), ignorant, and irresponsible.

The recession may be lessening, but it is NOT over. I personally believe that the winter will show that the recession is still on a "down swing", and not on an "up-swing".

For example, Obama spent more money (created more national debt) in the first 4 months of his Presidency than ALL of the previous US Presidents did. You can not do this and expect that you will have anything less than SERIOUS and lengthy financial problems for us and everyone who does business with us. While I was writing this, I was reminded that "no one lives to themselves and no one dies to themselves". The meaning is that what we do, affects SOMEONE else. This is ALWAYS the truth. Nothing that we do in private does not also in some way affect those around us. In some way or some how. With that said, what we as a Nation have done and continue to do will affect the nations we do business with.

Obama admitted recently that if we continue spending it will only make the recession worse...... What a genius thought!

Also, I do not believe the recession is necessarily over until we see the jobs back. Perhaps not all of the jobs need to be back, but they need to be coming back at least. If I recall correctly, we are still losing jobs. Maybe not as many as before, but we are still losing jobs. Certain jobs, and a certain number of jobs will never be able to go away. So once we are down to these "core" jobs, you can't really lose them. And then you say you are not losing jobs but are still in a recession, right? I know that may be a slight exaggeration of how it really works, but that was for illustration purposes.

And just because jobless claims are down for a month or so is not sufficient cause to say "The recession is over". To determine that we are out of the recession I think we will have to see positive results for months and maybe even a year or so to be certain we are "headed in the right direction". Like I said before, we did not get in this mess overnight and we will not get out of it overnight. PERIOD. Reread the second paragraph of this post.

So in brief, no, I do not believe we are out of the recession yet. Tell the person saying so that they are ABSURD!

-Eli
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Old 12-01-2009, 09:33 PM
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Default Tried multi qauote

Quote:
Originally Posted by SuperiorPower View Post
Here is why I do not believe we are out of the recession.

The recession did not start a year ago so it will not be over in a year. The current recession is the result of decades of bad decisions. To think that we can pull out of the recession in anything less than YEARS (at the least) is simply absurd (I really wanted to use that word! lol), ignorant, and irresponsible.

The recession may be lessening, but it is NOT over. I personally believe that the winter will show that the recession is still on a "down swing", and not on an "up-swing".

For example, Obama spent more money (created more national debt) in the first 4 months of his Presidency than ALL of the previous US Presidents did. You can not do this and expect that you will have anything less than SERIOUS and lengthy financial problems for us and everyone who does business with us. While I was writing this, I was reminded that "no one lives to themselves and no one dies to themselves". The meaning is that what we do, affects SOMEONE else. This is ALWAYS the truth. Nothing that we do in private does not also in some way affect those around us. In some way or some how. With that said, what we as a Nation have done and continue to do will affect the nations we do business with.

Obama admitted recently that if we continue spending it will only make the recession worse...... What a genius thought!

Also, I do not believe the recession is necessarily over until we see the jobs back. Perhaps not all of the jobs need to be back, but they need to be coming back at least. If I recall correctly, we are still losing jobs. Maybe not as many as before, but we are still losing jobs. Certain jobs, and a certain number of jobs will never be able to go away. So once we are down to these "core" jobs, you can't really lose them. And then you say you are not losing jobs but are still in a recession, right? I know that may be a slight exaggeration of how it really works, but that was for illustration purposes.

And just because jobless claims are down for a month or so is not sufficient cause to say "The recession is over". To determine that we are out of the recession I think we will have to see positive results for months and maybe even a year or so to be certain we are "headed in the right direction". Like I said before, we did not get in this mess overnight and we will not get out of it overnight. PERIOD. Reread the second paragraph of this post.

So in brief, no, I do not believe we are out of the recession yet. Tell the person saying so that they are ABSURD!

Eli, you are in danger of (like me) being labeled a domestic terrorist by candidate Obame. Someone needs to let him know he got the JOB! Someone needs to tell him, it's time to start doing the job and stop campaigning for world president.

-Eli
"The recession may be lessening, but it is NOT over. I personally believe that the winter will show that the recession is still on a "down swing", and not on an "up-swing". The Global Warming FARSE will insure Americans will be spending much more that "projected"!

:For example, Obama spent more money (created more national debt) in the first 4 months of his Presidency than ALL of the previous US Presidents did." You left out one very important word - Combined! Obama spent more in his first 4 montha that all other Presidends combined.

And just because jobless claims are down for a month or so is not sufficient cause to say "The recession is over". To determine that we are out of the recession I think we will have to see positive results for months and maybe even a year or so to be certain we are "headed in the right direction". By jobs, we have to have real jobs. Permanent, full-time, private sector jobs! Not jobs that enlarge Government or Union Jobs (the new branch of government)!

Steve
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Old 12-01-2009, 09:51 PM
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Quote:
Originally Posted by swstout View Post
"The recession may be lessening, but it is NOT over. I personally believe that the winter will show that the recession is still on a "down swing", and not on an "up-swing". The Global Warming FARSE will insure Americans will be spending much more that "projected"!

:For example, Obama spent more money (created more national debt) in the first 4 months of his Presidency than ALL of the previous US Presidents did." You left out one very important word - Combined! Obama spent more in his first 4 montha that all other Presidends combined.

And just because jobless claims are down for a month or so is not sufficient cause to say "The recession is over". To determine that we are out of the recession I think we will have to see positive results for months and maybe even a year or so to be certain we are "headed in the right direction". By jobs, we have to have real jobs. Permanent, full-time, private sector jobs! Not jobs that enlarge Government or Union Jobs (the new branch of government)!

Steve
Thanks for clarify those things. Especially the part about the national debt being more than all the others created combined.

I still say, forget the republicans. They have forgotten us, we will forget them. They claim they are for smaller government, they have betrayed us. Lets give someone else a shot at it. And it not the Dumb-a-craps. For me it will be the Constitution Party.

I am following the CP on twitter and received a twit (or is it tweet?! lol) from them. A link to this article was included.... see what you think: http://www.onenewsnow.com/Politics/D...aspx?id=784098

For the heck of it, I am also following the "white house". Tonight they tweeted a number of tweets with bits of his speech. Here is the content of one of the tweets....

Quote:
"we have forged a new beginning between America and the Muslim World... mutual interest in breaking a cycle of conflict"
I think he said more than he intended.... I am still waiting to see him appear on TV with a diaper on his head.....
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Old 12-02-2009, 12:38 AM
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Quote:
we have forged a new beginning between America and the Muslim World... mutual interest in breaking a cycle of conflict
What do you think he meant by this? I never saw any of our issues as issues with the Muslim world. This wasn't a religious based issue. At least not to me.

It was more of a 'seek out these knuckle head terrorist training camps and wipe them clear off the planet.'

If you and your buddies set up a terrorist camp like this



And you are following a person that looks like this.



You are going to meet your end with one of these.

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Old 12-02-2009, 12:58 AM
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Wink The joke's on us

Personally, I'd rather be waterboarding! lol

Steve
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Old 12-02-2009, 01:02 AM
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LOL



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  #10  
Old 12-02-2009, 11:32 AM
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Quote:
Originally Posted by Steve View Post
LOL



That is just WRONG!
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