Why the Economic Recovery Might Be Real This Time

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You're dreaming. "Recovery" is a lie based on nothing tangible. Be crazy to throw more money away down this toxic black hole of debt and US insolvency. Crazy!!!

Selaretus of NY 3:04PM March 12, 2012

CEO's and investors will continue to sit it out as long as Obama is President. People will not want to start new small businesses as long as there is the threat that there hard work will be punished by a government that is out of control. With the cost of fuel taking such a large part of disposable income from the working families people will not be convinced that he economy is improving and can not spend there money on other stimulating items. Most of that money is leaving the country and not helping the economy. This government is doing everything it can to hold the economy down.

Jack of UT 11:58AM March 06, 2012

What recovery? Well, if you are an economist you would say we are not in a recovery. Why? Because you are only in a recovery until you surpass the pre-recession high in GDP. We have already done that so we are in a GDP expansion.

With regards to jobs, we are two years and about 4 million private sector jobs into the jobs recovery. That would have been more than enough jobs to recover from any recession since the Great Depression, except this one. However, since we lost 8.8 million private sector jobs in the downturn that started in late 2007 we still have a long ways to go in the jobs recovery. That is why current conditions still call for stimulus and not serious deficit reduction until more of the lost jobs are recovered.

Karl of IL 5:50PM March 05, 2012

Unemployment numbers are comprised of those that are in the job market for the past 30 days. It does not include those that have not been in the job market in the last 30 days: people who have given up looking; those that have gone off unemployment because it has run out. One solution to unemployment is High Speed Universities check it out

davidzbowler of CA 4:56AM March 01, 2012

I think he got his degree from the University of I Must Make Obama Look Good. Seriously. We are so screwed in this country with extremists on both the left and right running the show. There's no more common sense and no one left in our "leadership" to step up and speak the truth about what's really going on.

Mike Smith of VA 4:29PM February 29, 2012

What an Idiot! Regarding recessions, its only a matter of when, not if. With China decelerating, Europe in deep recession what kind of fools do think we are??!!!

Reality of NE 4:00PM February 29, 2012

What recovery? The real unemployment is around 16%. Housing values continue to drop. There is rampant inflation in every grocery product and gasoline. The stock market is up a measly 1.5% since April, 2011.

I would like to see where this bright sole who wrote this article got his economics degree, if any.

Bob Diamond of PA 12:51PM February 29, 2012

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Rick Newman

The global economy is mysterious, even scary. Chief Business Correspondent Rick Newman demystifies it and explains what matters to you. Rick is the author of Rebounders: How Winners Pivot from Setback to Success and the co-author of two other books: Firefight: Inside the Battle to Save the Pentagon on 9/11, and Bury Us Upside Down: The Misty Pilots and the Secret Battle for the Ho Chi Minh Trail.

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