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It's Finally Over!!!

H
happ

Great news, everybody.  The recession is over!!!



When will this horrible recession be over? According to one surprising source, it's over right now.
The source is Robert J. Gordon, an acclaimed macroeconomist and professor at Northwestern University. It's surprising to learn he thinks the recession is over, because he is one of seven members of the elite Business Cycle Dating Committee of the National Bureau of Economic Analysis. These are the people who decide officially, for the record books, when recessions begin and end -- usually many months after the fact, when the decision is really obvious. I'm unaware of any previous case in which a member of this committee has stepped forward and declared the end of a recession in real time.


The chart presented in the article is very convincing.  I hope he's right.



Source: 

http://articles.moneycentral.msn.com/Investing/Extra/the-recession-it-is-over-economist-says.aspx

Comments (5)

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redfive·
thats why the company i work for, both large and american have told us 4000 jobs are going.\r \r i hope its true. i like having money.
C
Caesar·
yeahhhh its over lol
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happ·
We've had 3 layoffs in the past 6 months. I'm damn lucky to still be here. Glad it's coming to an end. I'm sure it's a long way off from everything being sunny and bright, but at least it looks like the worst is over.
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H2Daddy·
Drink the koolaid.
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revslow·
I think they missed my hood.