Monday, September 20, 2010

Recession over!

It's time for a ticker tape parade up the Canyon of Heroes. The recession is officially declared over.

According to the National Bureau of Economic Research, the recession ended in June of last year.

Huh?

Then why all this economic doom and gloom?

Shouldn't the Democrats be celebrating their way back into the Congress? After all, the recession was brought to an end under their watch.

If the recession ended in June, 2009, then why is the unemployment rate so high?

Why is the poverty rate so high?

Why is the home repossession rate so high?

Why are home sales down?

If the recession's been over for over a year, somehow the people who are out of work, homeless and struggling otherwise to make ends meet didn't get the word.

Perhaps had they thrown that parade ...

No comments: