Is The Recessions REALLY Over?

Is The Recessions REALLY Over?

Created by Knightkore on Sep 21, 2010

842 votes

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Hell No!

Yes.

Um...What?

There was a recession?

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“I Am No One To Be Trifled With”

Since: Jun 09

Dread Pirate Roberts

#1 Sep 21, 2010
Some study came out yesterday saying the recession was over?

I don't know who does these studies but I am pretty darn sure that they don't know a darn thing.

It's like those people who, like politicians or movie stars or talk show people, they say just get a job and work it's easy.

Yet they have more than an enough money and are in very little danger of losing a job.

I have been where so many are now and I know, it wasn't easy then when the economy was doing better, but now? People who have this pie in the sky idea of getting jobs, paying bills and making it in life are usually the ones that have never experienced job loss usually elected officials those without any real job...like for instance those that do these "studies" as a job.

“Reform Marijuana Laws Now!”

Since: Nov 09

Location hidden

#2 Sep 21, 2010
i still have no work.. i can't pay my bills.

the recession is FAR from over.

but the rich wouldn't understand now would they..

“I Am No One To Be Trifled With”

Since: Jun 09

Dread Pirate Roberts

#3 Sep 21, 2010
NM Cannabism wrote:
i still have no work.. i can't pay my bills.
the recession is FAR from over.
but the rich wouldn't understand now would they..
That's my point. And that includes ALL politicians. Especially ALL repeat and re-elected politicians. Whether Democrats or Republicans we need to oust every career politician and let them feel just how it is without a job. Then, then, maybe we can get some of them to understand where the American people are.

“I ain't afraid of no ghosts.”

Since: Aug 08

Dear old mucky Drasnia

#4 Sep 21, 2010
The problem is that, without training, humans are generally not really able to think on the macro level. Yes, on the micro level, it still sucks for many of us. However, on the macro level, the numbers are going back up. You have to dissociate yourself from the local or even regional level and look at things from a holistic perspective to see that on the national level, things are, in fact, slowly getting better.

“I Am No One To Be Trifled With”

Since: Jun 09

Dread Pirate Roberts

#5 Sep 21, 2010
Silk_the_Absent1 wrote:
The problem is that, without training, humans are generally not really able to think on the macro level. Yes, on the micro level, it still sucks for many of us. However, on the macro level, the numbers are going back up. You have to dissociate yourself from the local or even regional level and look at things from a holistic perspective to see that on the national level, things are, in fact, slowly getting better.
I would have to admit that this is in some instances true. However the progression is very slow indeed and really still in recession levels in every sector. I would not have come out with that report until December or maybe March of next year. And any recovery is still threatened by higher taxes, record low job growth and energy dependance. I would say we are stable but still in critical condition as a country concerning the economy.

“Reform Marijuana Laws Now!”

Since: Nov 09

Location hidden

#6 Sep 21, 2010
Silk_the_Absent1 wrote:
The problem is that, without training, humans are generally not really able to think on the macro level. Yes, on the micro level, it still sucks for many of us. However, on the macro level, the numbers are going back up. You have to dissociate yourself from the local or even regional level and look at things from a holistic perspective to see that on the national level, things are, in fact, slowly getting better.
Silk you are SUCH a devil's advocate.

Are you ever on the side of the average person or is it all
just relative for you?

'you are a very cold, indifferent person.

you seem to have no empathy for others, unless you are
required to do so by law.

my god, you'd jump off a bridge if it was the law.

jeeze louise help us please.

peace Silky.

“US Navy”

Since: Jan 10

Location hidden

#7 Sep 21, 2010
NM Cannabism wrote:
i still have no work.. i can't pay my bills.
the recession is FAR from over.
but the rich wouldn't understand now would they..
What happened to your job grazing the Bosque, or did you OD from eating those little green goat turds?

You have money to buy your stash, or someone is supplying it for you. The money is coming form someplace, be it legal or otherwise for your purchases. You already told us you do NOT qualify for the medical MJ program in NM. You're a prime illustration of what is wrong with welfare. Just what one would expect from a junkie pothead stoner social deviant with the mentality of a warm clam.

Now that I've annoyed you such that you've ruptured your spleen and you have a cramp in your lungs(smoking those dried goat turds will do that), please feel free to respond with some rant about how tolerant & peaceful you are, then telling me how much you hate me and calling me names<sniff sniff, boohoo). I tried very hard to ignore you but hey, one can only ignore so much stupidity, then a response is required.

Oh, and be sure you toke another doob before responding. Many of us get a kick out of your hemp laced responses - junkie!

“US Navy”

Since: Jan 10

Location hidden

#8 Sep 21, 2010
NM Cannabism wrote:
i still have no work.. i can't pay my bills.
the recession is FAR from over.
but the rich wouldn't understand now would they..
Helpful hint #44

Less time posting to Topix and toking, and more time spent looking for work will provide much better results for your lack of financial opportunities.

“US Navy”

Since: Jan 10

Location hidden

#9 Sep 21, 2010
Silk_the_Absent1 wrote:
The problem is that, without training, humans are generally not really able to think on the macro level. Yes, on the micro level, it still sucks for many of us. However, on the macro level, the numbers are going back up. You have to dissociate yourself from the local or even regional level and look at things from a holistic perspective to see that on the national level, things are, in fact, slowly getting better.
One must be willing to be trained as well as be trainable, to be able to hold a thought for more than a fleeting moment in time. Some are beyond that realm of possibility<G>.

“I Am No One To Be Trifled With”

Since: Jun 09

Dread Pirate Roberts

#10 Sep 21, 2010
CornDogz wrote:
<quoted text>
One must be willing to be trained as well as be trainable, to be able to hold a thought for more than a fleeting moment in time. Some are beyond that realm of possibility<G>.
I worked as a temp once on Heather Wilson's campaign. 6 guys including me delivering fliers to doors up in the Tramway area and beyond. As long as we just walked and put the fliers on the doors, we did our jobs. There was a guy who got teamed up with me from time to time, he insisted on being the one with the map. No problem there. But he would tell me to do one street and he would do the other. I would find out he never did his street. It was incredible, one of the easiest jobs and you just sit and don't do anything. You're already ON the job, might as well do the job.

“I ain't afraid of no ghosts.”

Since: Aug 08

Dear old mucky Drasnia

#11 Sep 21, 2010
NM Cannabism wrote:
Silk you are SUCH a devil's advocate.
Are you ever on the side of the average person or is it all
just relative for you?
'you are a very cold, indifferent person.
you seem to have no empathy for others, unless you are
required to do so by law.
my god, you'd jump off a bridge if it was the law.
jeeze louise help us please.
peace Silky.
Then provide refuting data, kiddo. The MACRO level data disagrees with your profound lack of data.

In other words, lose the emotion and look at the numbers. The numbers are what define a recession, not feelings or anything else.

Incidentally, you might have better luck getting a job if you could pass a drug test.

“I ain't afraid of no ghosts.”

Since: Aug 08

Dear old mucky Drasnia

#12 Sep 21, 2010
JosephOne wrote:
I would have to admit that this is in some instances true. However the progression is very slow indeed and really still in recession levels in every sector. I would not have come out with that report until December or maybe March of next year.
Coming out later with the same data which shows that the economy began turning back up last year wouldn't have changed anything. Again, you have to look at the data. The data are not about emotional response or opinions, they are about cold, hard numbers. And the numbers themselves indicate that June of 2009 was the turning point.

Since: Aug 08

Location hidden

#13 Sep 21, 2010
Silk_the_Absent1 wrote:
The problem is that, without training, humans are generally not really able to think on the macro level. Yes, on the micro level, it still sucks for many of us. However, on the macro level, the numbers are going back up. You have to dissociate yourself from the local or even regional level and look at things from a holistic perspective to see that on the national level, things are, in fact, slowly getting better.
I doubt it. I read an article that pointed out the "trough", coincidentally (right), was at the hight of the stimulus spending. My personal opinion is the eye of the storm has not, yet, passed over us!

“Old Sailors Never Die.”

Since: Aug 08

Land of The Brave

#14 Sep 21, 2010
Silk_the_Absent1 wrote:
<quoted text>
Coming out later with the same data which shows that the economy began turning back up last year wouldn't have changed anything. Again, you have to look at the data. The data are not about emotional response or opinions, they are about cold, hard numbers. And the numbers themselves indicate that June of 2009 was the turning point.
I don't think those numbers were quite true Silk. You have to look at the fact that at the time stimulus money, borrowed money, was being used to pay census workers, and other temporary job positions, and the numbers looked good for a short time only.

Looking at the numbers now I would say that the recession is not over, it is getting worse. Big and small businesses alike are not hiring, they are laying off workers. Banks are not lending money, so new job creation or growth is not happening. The stock market remains flat, even with the big daily ups and downs, it stays pretty much at the same level as it was 2 years ago. Since a part of my retirement relies on the market I can tell you that things are no better than they were after the market crash.

But, I tend to look at the bright side<G>. I live within my means and have a roof over my head, plenty to eat, beer to drink, friends to share with. Piss on my ex wife, she don't count<EG>.
dodger

Albuquerque, NM

#16 Sep 22, 2010
Let's go ask the folks standing in the unemployment line that question....shows how out of touch this administration is.
ZiaMiddleView

Santa Fe, NM

#17 Sep 22, 2010
I'm with Silk. At the macro level the economy is moving forward albeit very slowly. All it takes is positive growth over several quarters to qualify as ending. The same report concerning the end of the recession also notes slow growth will continue and long term unemployment will persist. Unfortunately America has a mismatch in the jobs area, many need to get back in school and retrain.

Stock market is not a good indicator. Even in good times it can drop on a whim and stay down if "rumors" of any uncertainty are floating around. I have been in GinnieMaes for about two years, much better rate of return.

“Down in the Bayou”

Since: Apr 08

Vancleave Mississippi

#18 Sep 22, 2010
No. It is far from over.

“Old Sailors Never Die.”

Since: Aug 08

Land of The Brave

#19 Sep 22, 2010
Daniel in Hobbs wrote:
No. It is far from over.
Evening Daniel, how is Bluebell doing?

I agree with you, the recession is far from over. The unemployment figures mean nothing. They do not show how many are not elegible for unemployment insurance anymore, they do not show how many have said to hell with it and went to work at the corner gas station. When you look at the whole picture, and use your smarts, anyone can see that the unemployment rate is over 10% and it will stay there for quite a while.

We will not see the end of this little slump until banks start lending money again, for business growth, which means more jobs for us working folk.

“I Am No One To Be Trifled With”

Since: Jun 09

Dread Pirate Roberts

#20 Sep 23, 2010
Economy: The weekly report on initial jobless claims was worse than expected. The number of people claiming unemployment benefits for the first time jumped by 12,000 to 465,000 last week, the Labor Department reported. Economists surveyed by Briefing.com were looking for claims to drop to 450,000 from 453,000 the previous week.

http://money.cnn.com/2010/09/23/markets/marke...

{The recession is over? Really? Job loss continues. This does not give to good omens concerning the economy.}

“I ain't afraid of no ghosts.”

Since: Aug 08

Dear old mucky Drasnia

#21 Sep 23, 2010
JosephOne wrote:
Economy: The weekly report on initial jobless claims was worse than expected. The number of people claiming unemployment benefits for the first time jumped by 12,000 to 465,000 last week, the Labor Department reported. Economists surveyed by Briefing.com were looking for claims to drop to 450,000 from 453,000 the previous week.
http://money.cnn.com/2010/09/23/markets/marke...
{The recession is over? Really? Job loss continues. This does not give to good omens concerning the economy.}
Once again, your copy/paste addiction belies a lack of actual knowledge of what you are talking about.

A recession is a period of loss for two (or more) consecutive quarters. Simple as that. In June of 2009, that cycle was ended, which officially ended the recession.

That said, the economy is still poor. But then again, it was also poor before the recession officially began, too.

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