Recession ended?

[stcroixman]

things have at least bottomed out, but Unemployment is too high.
Wasn't Obama guaranteeing 5 million new jobs with his stimulus?

[JohnnyD]

Originally Posted by stcroixman

things have at least bottomed out, but Unemployment is too high.
Wasn't Obama guaranteeing 5 million new jobs with his stimulus?

Consistently, it has been stated that jobs will not come back until after the economy starts to recover. Companies have to actually start making money again before they can hire people. Like I said before, the term Recession is arbitrary.

Do I think the stimulus will "keep or create 5 million job"? Not a snowball's chance in hell. Half that much - 2.5million? Doubtful

Originally Posted by RIROCKHOUND

yup.
this started in January 09.

Obama was president for 2 weeks in January 2009. It's his fault companies started doing that.

[justplugit]

Originally Posted by JohnnyD

Do I think the stimulus will "keep or create 5 million job"? Not a snowball's chance in hell. Half that much - 2.5million? Doubtful

Doubtful for sure, and even though there were less jobs lost in July, 247,000
jobs is a lot more people out of work.

The only increase in July was $181 Billion added to the deficit.

[Raven]

for flying pigs

[buckman]

Originally Posted by stcroixman

things have at least bottomed out, but Unemployment is too high.
Wasn't Obama guaranteeing 5 million new jobs with his stimulus?

I know he created the largest federal work force on record and I'm not even counting Czars.