Monday, September 20, 2010

Is the recession really over or is it just a farce?

Well,.the feds are reporting that the recession is over. That is good news if it is so, a bunch of people coulder and report anything.  The country has been in trouble since 2007, it was just a matter of time before  it all came out. The country has been under tremendous stress with employment reaching almost 10% and people walking out of their home because their is no money to pay the mortgage. Peoples investments have disappeared over night abd the stock market is a 'fools lab".
If the recession is over, then there should be some proof where improvement is evident and the economy should  be thriving in a favorable manner.
There has been job growth in different sectors of the economy and progress is being made in those hard to turn  around industries like construction.
Banks are actually loosening he belt and start lending again which will increase sending right across the board.
At this point Americans need pos itive reinforcement to boost their scattered confidence.
Tell me what you think about this report that the recession is over.

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