Are we coming out of recession?

No, we still have not only too many people who are out of work, but we are losing more every day. Additionally, our national debt continues to increase exponentially and is totally out of control. That does not sound very anti-recessionary to me!

I agree that the recession is still strong. The majority of jobs lost will not be coming back. Remember the recession during the Carter and Reagan administrations dragged on for years. Franklin D. Roosevelt is treated as a hero by history and especially the liberal media; however, the year I was born 1938 unemployment was over 20% and only WWII finally ended unemployment by taking the able bodied men into the military and many woman out of the home and into industry.

The only thing happening right now is that government is printing money we don't have and throwing it at useless projects to make it seem we are in some kind of recovery. The truth is, the cookie is going to crumble and crumble big unless our government stops their reckless spending of our money and over taxation of everyone, not middle class, not the wealthy, everyone. They are greedy people who have lost touch with anything close to reality. We are not recovering and cannot recover as long as our government has an insatiable lust for our money and a wasteful attitude of spending for political gain and power. And that's all I have to say about that...

We are far from coming out of recession & are only going to go deeper if this Obamacare bill passes, & if cap & trade passes. Both will costs a lot of people their jobs. Also, look at all the people loosing their jobs because Obama is cutting funding to NASA, which is one of the worse things he can do. This is the one thing that kept us above the other countries & Americans are very proud of. Obama has no pride in America, Americans, Our History, Our Democracy or our Constitution. Look what he does when he goes to other countries. Puts us down. Borrows money that we will never get paid back & spends it on things we do not need right now. Helps to destroy more & more jobs on a daily basis. "I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country....corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is aggregated in a few hands and the Republic is destroyed" Quote by Abraham Lincoln, Nov. 21, 1864 in a letter to Col. William F. Elkins

We see signs of ecomonic resurgence in the past few months. In the past few months, we have seen the number of those applying for unemployment compensation fall from 730,000 in January, 2009 to 75,000 in February, 2010. The previously owned housing market is showing signs of picking up and new construction is also coming to life. Inventories are down and unemployment is holding steady for the time being. These are all good signs that the on the deepest recession in modern times is slowly pulling out of the ditch we were in in 2008.

We are definitely pulling out. It will be a long time before the jobs situation rebounds. There are many families who have decided to live on one income. They like the new arrangement and have lived to learn without a few things to have a more family-centered home. I report positive economic news on my blog three or four times a week,, and have done so since early 2008 when the recession started. There's good news out there every day. Don't rely on mainstream media to feed it to you, they won't. They will only fan the flames that serve to divide us. Pitting one side against the other. O'bama, nor Bush created this mess, we did. WE did. And only WE have the power to end it. YOU are your stimulus plan. There are two dragons in us all. One good, one bad, the one that lives will be the one you feed. Which dragon are you feeding? Peace

yes, we are still deeply in a recession. i don't care what anybody says. we need to go back to "basic economics 101" and not shore up everybody and everything with funny money. stop the printing presses before it is too late!

There is a difference between a recession and a depression. You can pull out of a depression, but not a recession. The only way we ever do pull out of recessions is when the gov starts inflating again. But by doing that the gov is only postponing the big depression to come... As long as the gov keeps up the inflation, bailouts, and free market intervention the economy is on a fast track to destruction. I mean total destruction; it will completely crumble and prosperity will be a thing of the past. A depression is a recession that the gov doesn't try to help with. To leave the economy alone let it go through it's adjusting phase is the only way to return America to full prosperity. Read the Austrian view.

The recession is far from over... The other night I was watching the PBS News Hour, a segment on the economy. They reported that 300,000 (Three Hundred Thousand) plus homes were notified they were in Foreclosure last month. They reported that 4,600,000 (Four Million Six Hundred Thousand) homes are 90 days or more behind in monthly payments. And that 3,000,000 (Three Million) homes are expected to be foreclosed on this year. The numbers impressed upon me the scale, size, volume of the real numbers of foreclosures. Using current figures I got from the U.S.Census I calculated the size of 300,000 homes in foreclosure. 300,000 is the total number of single family homes in the entire state of Montana. I repeat the number 300,000 represents every family owned residence in the entire state. Here is how I got the number, there are 438,282 total housing units in the state of Montana. 69.1 percent are owned or mortgaged. That figures out roughly to be 302,852 homes. Now I am going to blow your mind using the same U.S.Census data. To get to Three Million 3,000,000 foreclosures you would have to add the total housing units divided by the percentage of owned homes for Idaho 641479 Wyoming 246393 Montana 438282 North Dakota 313332 South Dakota 361482 Oregon 1628826 and Nebraska 786334 Which total 4,416,128 total housing units. I plugged in an average percentage of owned single family homes which is roughly 66.5 percent. Of the 4,416,128 total units 2,936,725 are owned. We are still short of 3 Million! I repeat 3 million Foreclosures are equal to all the homes in Montana, Idaho, Wyoming, North Dakota, South Dakota, Oregon and Nebraska. THis is a national disaster and recovery will take years http://www.pbs.org/newshour/bb/business/jan-june10/economy_03-12.html http://davideubank.wordpress.com/ http://www.census.gov/

This isn't a Recession... This is a Depression : (

These laissez faire morons are probably corporate lawyers, accountants, dentists, etc who have recession proof jobs. This country averted a major meltdown that would have left the whole world in ruins, thanks to our Commander in Chief, America's first Black president. I am White Anglo-Saxon Protestant all the way, but I can't help but sense that a great deal of this Obama bashing has racist tints. Obama will go down in history as one of the Greatest Presidents in History. You right wing bastards that attack FDR forget that it was a right wing Supreme Court that pulled the plug on his work programs. They were pulling us out of the Depression. If you look at the numbers, it's clear. As soon as they stomped all over the vastly Democratic Congress' legislation, the economy took a second dive. We were almost out of that depression. Then you bastards want to thank HITLER for putting our economy on track again? Screw you guys! Because of policies started in the Reagan era, destroying the labor unions that helped create the middle class, deficit spending, etc. THAT'S why we are in the mess we are in. Bushes illegal war! Remember that? Remember when a quivering, servile Congress voted him 82 BILLION dollars to continue his Mission Accomplished? Over Eighty percent of the Federal Debt is Republican debt. So don't you dare blame Obama. Do nothing, huh? That's a great solution. The health care system in this country is a mess because insurance companies, who don't even have to play fair and observe anti-trust laws, have run up costs to the point where major portions of the American people can't even get seen by a doctor. What's the first question they ask you when you try to make an appointment? Wake up!

No, the economy's not recovering. But we have far worse problems. Really. So I don't know the specifics of Obama's plans, but the opposition to him from the Republicans strikes me as absolute insanity. Call it bias, but I think they're trying to benefit themselves, and their big buisness sponsorers, even if it means mining the rocks out from under themselves. But the paralyzing effect on our government is absolutely terrible. MUCH MORE DANGEROUS, though, is the fact that big buisness (especially media) is undermining the cognitive abilities for profit - the hyperconsumerism and advertising saturation should be a sign of it. Lots of strategies work that shouldn't (like advertising the amount of ingredients in a cosmetic), and old monolithic corporations are trying to keep themselves alive with inferior buisness products. Even if the "recession" ends, we need to do something about it. I guess that drastic rehauls of education would be the best thing, myself.

Actually I must accept I'm one of the few that believe that the recession is almost gone. My family is now seeing some sorta success in its finance and such.

1) We will not come out of this recession/crissis. 2) It is al being created and by the Federal Reserve in America. Look to Island. The people there had there referendum. This referendum wood decide of the people wont to pay back the money from Britain and Netherland. The voted now!!!! The people there now that it was the federal goverment and the Federal Reserve that created this crissis/recession. Wake up people!!!! The big banks are taking over the planet/world by putting us into debts. Look what they have done to Greece. There also the peoples are demonstrating on the streets, demanding that there goverment dus some thing. But the Greek goverment is stuk within the Eurozone. The Greek people don't control there on country any more. Even a futur election will not change any thing. And Geece and Island are not the only country's that are in economic trouble also Spain. Go to my website and watch the videos www.FreedomParty.ning.com Wake up people!!!!

The only reason it even seems a little like we may be pulling out is for two reasons: The media is beating that mantra into our heads. The government is intervening and bailout out everything that should be allowed to fail. This is going to backfire very badly.

We're far from out of it. We report growth, but how much do we need to return to the status quo prior to the recession? Banks borrowed billions so they could buy stock at extreme lows when companies were ready to file or in the process of doing so. Of course the banks then reaped huge benefits at every blip of recovery. None of us have a $100K or more to invest when the economy crashes. Too many are out of a job and hoping to save what they can to stay afloat. It was clear that "we" couldn't let the banking system fail and had to bail them out. Of course they couldn't do the same for their customers - you know, because of the risk involved. How could we be so naive? They created the mess that cost us everything and we let it happen. Who wins? The banks of course, the greatest fall with the greatest return. Unfortunately, if we were to go to the banks with a similar strategy, we wouldn't make it through step 1. Banks thrive on crisis and more so it's recovery. They will take you down and let you fail if they can reap a greater reward after your downfall. As for the media - what good are they? Reporters are like scavengers looking for a fresh kill! When they're done, they move onto their next victim. Anything to sell a newspaper. I don't buy the smoke and mirrors and frankly wouldn't believe them any more than a politician or even the best of lawyers. Inconsequential failure at the expense of everyone else.

No chance of coming out of the recession while Governments continue with the print and spend mentality, it hasn't worked so far, why would it work when you simply print and spend more?? Who knows when a real recovery will come, it isn't happening now!

Obama,s healthcare means the end of your , so stick out your arm now and get chipped

I wonder if the people with negative comments about Obama had negative comments about Bush? Republicans use the fear factor for votes. Tea Party supporters use the fear factor for votes. Democrats use 'FACTS" for votes. So it is true....if you back a wild animal into a corner it has nothing else to do but attack. Our President is great and for all you non supporters get over it!

Depends which part of the world you are in. US and Europe are struggling.... the rest of us seem to be OK. Unfettered capitalism does not work, you guys need more regulation, not less, to manage the power (read money) holders and their relentless greed. Also, go Barack on health care reforms, look at the rest of the world where universal health care is a right! Only the US makes you sick thinking about how you will pay your health bills.

I see vary intelligent comments, the bottom line is employment, when the numbers go up, this is a solid sign of a recovery starting.

After the health care vote, which put the IRS in charge of overseeing health care, implementing huge new taxes and penalties, of course the recession is about to get far far worse.