Comments on: Is the recession over? Obama’s advisers differ http://blogs.reuters.com/talesfromthetrail/2009/12/13/is-the-recession-over-obamas-advisers-differ/ Tracking U.S. politics Sat, 25 May 2013 21:19:43 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: jstaf http://blogs.reuters.com/talesfromthetrail/2009/12/13/is-the-recession-over-obamas-advisers-differ/comment-page-1/#comment-405551 jstaf Tue, 15 Dec 2009 21:34:15 +0000 http://blogs.reuters.com/frontrow/?p=23240#comment-405551 I agree that the investor class has seen some gains but to call a return to 10,500 from 14,000 a recovery is clearly incorrect, the market has no gains to show for the last decade. Employment always lags in cyclical recoveries and this one will be no different, in fact the chance that jobs will take longer to return has much less to do with Bush, Clinton or Obama and more to do with a major change in the technology that we use to do work. These structural breaks are very tough to ride through as they require the right mix of Government incentive and private sector job creation. I agree that the investor class has seen some gains but to call a return to 10,500 from 14,000 a recovery is clearly incorrect, the market has no gains to show for the last decade.

Employment always lags in cyclical recoveries and this one will be no different, in fact the chance that jobs will take longer to return has much less to do with Bush, Clinton or Obama and more to do with a major change in the technology that we use to do work.

These structural breaks are very tough to ride through as they require the right mix of Government incentive and private sector job creation.

]]> By: Yellow105 http://blogs.reuters.com/talesfromthetrail/2009/12/13/is-the-recession-over-obamas-advisers-differ/comment-page-1/#comment-405546 Yellow105 Tue, 15 Dec 2009 20:13:17 +0000 http://blogs.reuters.com/frontrow/?p=23240#comment-405546 For the investor class, the recession ended in April. For the working class, the recession will go on as the country experiences another jobless recovery. Until the model of supply side economics used by every administration since Reagan is changed to one of demand side economics, the gap between the haves and the have-mores will continue to widen. For the investor class, the recession ended in April. For the working class, the recession will go on as the country experiences another jobless recovery. Until the model of supply side economics used by every administration since Reagan is changed to one of demand side economics, the gap between the haves and the have-mores will continue to widen.

]]> By: defcon86 http://blogs.reuters.com/talesfromthetrail/2009/12/13/is-the-recession-over-obamas-advisers-differ/comment-page-1/#comment-405507 defcon86 Mon, 14 Dec 2009 01:02:17 +0000 http://blogs.reuters.com/frontrow/?p=23240#comment-405507 You can only know the recession is over, once the next boom has begun. You can only know the recession is over, once the next boom has begun.

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