The Recession, Is It really the beginning of the end?

I believe, and hope, that this is the beginning of the end. My concern is that even if it is there will still be many sections of the country suffering as they were when te economy was supposed to be doing good. We do not need another tech, housing or stock market bubble that gets a few people very rich and increases GDP we need sustained job growth and sustained growth of middle class on down to the poor. We need jobs for those who want to work and I think this is what the administration is working on, rather than the quick fix.

There has been positive movement in both the housing and the stock markets so those are good signs, yes. If the unemployment rate is indeed dropping, that is another good sign. We didn't get into this position overnight so the recovery is not going to happen overnight either but I think it's too early to tell if this is the beginning of the end of the recession or just a hiccup. Our economy is not in a free fall anymore...I do know that for sure.

No, it's not the end of the recession. Obama and his cronies will do whatever they think they can get away with to convince people that it is. After all, Obama has to get the credit for "saving the economy." Otherwise his rating will continue to drop.

I would hope that it is the beginning of the end. However, I am somewhat cynical. We have been lied to before.

A lot of people say that unemployment numbers are typically lagging behind the rest of the economy, so the fact that these numbers from july are going upward is a very promising sign indeed. The sooner we get back on our feet again, the sooner we can start paying off the debt and focus on other important issues.

Economics tells us that it is not the end. For a moment, let's assume that President Obama's actions are stabilizing the economy. His administration and Congress did it by spending an enormous amount of money and more than doubling the national deficit. This money will only last a couple of years. What happens to the programs that supposedly created the jobs to stabilize the economy? Of course, the recession will return and we will need more government help. I would say that his actions did not stabilize the economy. He caused the economic climate. The media began running how horrible the economy was last fall. They were endeavoring to get Obama elected. Consumer confidence is a crucial part of the economy. If confidence goes too low people stop buying, companies sell less goods, they lay off workers, then there is less money to be spent, and the cycle starts all over. The only way to stop the cycle is restore confidence. Implementing larger government programs does not install consumer confidence.