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Posts: 159
Bernanke: Recession probably over, job market still in the sh!tter. -- (link)
Posted by
znufrii
Sep 15 '09, 09:53
(No message)
http://www.nytimes.com/2009/09/16/business/economy/16bernanke.html?hp
(www.nytimes.com)
Responses:
I realize recovery will take a while, but I expected this recession to last a lot longer.
-
ty97
Sep 15, 09:59
4
I like that there's a pretty hard and fast definition of a recession, but I wish there were less of a disconnect between the academic definition and
-
znufrii
Sep 15, 10:01
3
Word. While the Fed pumps in funny money (using the investment banks as conduits) into the stock market to give a semblance that the economy is
-
Loyola
Sep 15, 10:06
2
but that happens in every recession, the job market is historically a lagging indicator, and the last part of the economy to recover. -- nm
-
znufrii
Sep 15, 10:07
1
(not that I think your concerns are entirely misplaced, they're just not relevant to the specific point at hand) -- nm
-
znufrii
Sep 15, 10:08
[deleted]
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