I hope we are in a recovery....not so sure about that just yet.<quoted text>We're well into the recovery stooge at least according to all but a couple economic indicators which are related.
Housing and unemployment?
Housing is way off due to the overbuilding and over financing made
possible by the lack of oversight during the Bush era that allowed folks such as Angelo Mozilo to run wild. And___unemployment in the construction and related arena's still hovers at over 16% nationally and much higher in the explosive growth areas, FL, NV etc.
Further, during the Bush era the construction industry was even further propelled by weather calamities such as a half dozen hurricanes in Florida which caused massive damage, and of course the big one Katrina.
Obviously a POTUS has no control over ugly weather but weather does impact the economy both ways.
Economic indicators can distorted for political gain.
The subprime problem was caused by FED government regulation.