I heard that on the news that the recession ended. I'm still waiting for the dancing in the streets to begin.
Did you see on the news this morning that the recession ended way back in June 2009? I'm sure all of those people who lost their houses, cars and TV's were happy to hear…oh wait, they may not have heard it yet.
It seriously took 15 months to calculate the end of the recession? Based on the speed of our Government the world will end 15 months before they finally notify us about it.
The way they calculate it is relative to the dip though. The end of the "recession" does not equate to recovery. Basically it just means the dipping stopped. Due to the lack of and/or delay of "recovery" that's why they're talking about a "double-dip" recession in our future. Yay!
Of course, telling the people way back then that the recession had ended would've gotten in the way of the "agenda" and stimulus programs they were trying to push through congress. Stuff like "cash for clunkers" and even healthcare reform may not have had broad mass appeal if people knew the recession ended and there was little need for them.
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