[QUOTE=ridinmybike;26534884]The best way to fix a recession is telling everyone that the recession is over so they are more likely to go out and buy shit.[/QUOTE]
Exactly.
[QUOTE=mysteryman;26532516]I don't even believe the last recession even ended.
Sure they said it's "officially" over, but i've noticed no difference at all.[/QUOTE]
i didn't notice a difference when they said it "started" lol
[editline]6th December 2010[/editline]
[QUOTE=ridinmybike;26534884]The best way to fix a recession is telling everyone that the recession is over so they are more likely to go out and buy shit.[/QUOTE]
that's what i told my mom and she got mad at me
[editline]6th December 2010[/editline]
[QUOTE=LunchboxOfDoom;26534691]A recession encompasses and is measured in scale by far more than just GDP. It is also based on national employment/unemployment rates, investment spending, capacity utilization, national household incomes, business profits, and inflation/bankruptcy levels.
As far as GDP goes, we're still down something like 2.6%, ranked 132 in the world.
[url]http://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28real%29_growth_rate[/url]
[img_thumb]http://i55.tinypic.com/30j0n7p.jpg[/img_thumb]
Funny kind of growth. The recession here in the United States, let alone the global financial crisis, is far from over.
Who "proved" that the recession has ended and when did this happen? Moreover, [b]how[/b], exactly, did they prove it was over in light of the problems above I brought to attention?
[editline]7th December 2010[/editline][/QUOTE]
Good luck getting a high growth rate when you're already insanely massive
Um..correct me if I'm wrong, but I don't think the Canada and US have ever really left their recession. We've been in it for a few years at least.
[QUOTE=The Inzuki;26534864]And North Dakota won't be affected at all, again. :smug:[/QUOTE]
Where you at in ND? I'm in SD. Didn't affect us too bad either (compared to most of the other states).
[editline]Hadt[/editline]
Nevermind, just checked your profile.
Big surprise.
brb, moving to canada, atleast china doesn't own them
when did we get out of the recession? cause the economy still seems bad to me
We never left this recession. Bernanke is just blowing smoke, he want's another bailout so people would profit from it.
[QUOTE=Zeke129;26533383]Enjoy going to war after
take lots of pictures[/QUOTE]
He's gonna die
Shame, I wish we went back to the times where the U.S was at the top of almost everything; education, wealth, industrial, etc.
[QUOTE=redBadger;26535549]Shame, I wish we went back to the times where the U.S was at the top of almost everything; education, wealth, industrial, etc.[/QUOTE]
It will take a lot to get back to that point, especially after the massive reallocation of industrial capacity to nations overseas (chiefly done in Asia because of the large amount of plentiful laborers that can be found there and made to work for next to nothing) and the country's entrance/stressed necessitation of being a member of the global economy.
Wait... you mean the first one is finished?
[QUOTE=Scotchair;26536145]Wait... you mean the first one is finished?[/QUOTE]
Apparently.
Oh, if only we had Gore instead of Bush.
Then Gore would had gotten Clinton's debt.
[QUOTE=meatballfish;26535422]Big surprise.
brb, moving to canada, atleast china doesn't own them[/QUOTE]
actually japan surpassed china in owning america debt.
[QUOTE=Glaber;26537073]Then Gore would had gotten Clinton's debt.[/QUOTE]
Clinton had a budget surplus. We had so much money we didn't know what to do with it.
[QUOTE=Xystus234;26538422]Clinton had a budget surplus. We had so much money we didn't know what to do with it.[/QUOTE]
Those were the days man.
Geeez, I never understood why Governments believe that buying bonds would ever create consumer confidence?
It just causes inflation, but not necessarily growth of the economy (GDP-I)...
Well great
[QUOTE=Xystus234;26538422]Clinton had a budget surplus. We had so much money we didn't know what to do with it.[/QUOTE]
it's amazing how a country can lose money so fucking quickly
[QUOTE=Furioso;26541915]it's amazing how a country can lose money so fucking quickly[/QUOTE]
Then we remember that America decided to throw money at a new war and things become depressingly clearer.
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