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I thought the recession was over according to liberals. What happened?

For a few weeks now we have been hearing it repeated over and over and over about how the recession is over. I keep hearing "most economists agree" that it's over, repeated ad nauseum. They've been telling us to throw away our gold, starting buying again, etc, etc. It was only the conservative news sources that didn't jump on this "change" and "hope" bandwagon. The Liberal media was declaring it over. Unfortunately, even the liberal media is now changing their tune. Why the change in tune? I guess they thought that if you published something enough times on the front page of the New York Time that it would come to be, I guess that's not the case though. Unemployment is growing at staggering rates, although the job market is usually the last to rebound, but this is getting pretty bad. Home prices are falling. The dollars value is falling. With no job, no house, and money that isn't worth the paper it's printed on, I wouldn't say that we're doing all that great. But what happened? When I look back through news articles, back in January of this year they said the recession was over, they said the same thing in May, June, July, August, and September. Why no longer?

Public Comments

1. haven't you heard, obama has created millions of jobs
2. who said the recession is over? examples?
3. Not only that - now Obama wants to reign in his spending. Which one is it? Spend or Not?
4. dude,it aint over till the fat bi+t+ch sings or barney frank screams..kiddo it is all a scam.find the truth at http://resistnet.com
5. When the economy was souring and unemployment was at 4.5% they were screaming mass depression because Republicans had the control. The economy has been tanking since the dems took over in 2007, so they think they won an election of lies and falsehoods, that that tack will also work on getting us out of this recession. But they are spending more than we can ever repay and have spending programs lined up like Jets in line at Newark at 7am, you couple that with the suspension of the tax cuts and next years tax bill is going to be a shock to the economy. So I believe any recovery we are seeing right now will be short lived come January.
6. You mean the recession caused by GOP economic policies??
7. "just give obama more time. he's ONLY been in office for almost one year!"--liberal "its bush's fault"--liberal "millions of jobs have been created"--liberal shall i go on?
8. Recession is 2 quarters of negative GDP growth. This quarter saw positive GDP growth.
9. Your question is a case of someone who doesn't understand seeing things that aren't there as a result. A recession is defined as negative economic growth. Economic growth is now 3.5%. Ergo, the recession is over, by definition. That doesn't mean the economy is back to where it was, the term "recession" refers to rate of growth, not to overall levels of economic activity or employment. It will take the economy a couple of years to climb back to previous levels.
10. Don't listen to liberals. The real unemployed number is about 22% and rising. The economy is in the tank and sinking, our dollar is worth less because we're printing so much of the darned stuff, and all Obama wants to talk about is his government run health care and ignores (pretty much) of everything else. If the writing isn't on the wall to most of you people, I don't know what it's going to take to do so.
11. The official unemployment from the Gov is 10.5%, The actual is about 20%, When bush was in office it was about 4.5%, Not to worry though Obama is going to create 2.5 million new jobs, HE SAID HE WOULD!
12. Facts kido facts. The libs did not say this the economists that were around for bush and are here now for the libs are the ones saying this. But if you read more than the headlines they also say the unemployment may take another year or two to get back on track. You have to read the entire story to get the information. Not a lib but do believe both the libs and the cons need to use facts and not fiction.
13. A recovery is starting. I hate to break it to the instant gratification set, but the economy has a huge amount of inertia. It took years for this recession to develop, it's going to take time for the recovery to take hold. I'd love to see quotes from last January stating that the recession was over. I'm an economics geek (Master's in history, it comes with the territory) and last January economists were predicting at least two years of recession.