The Fed Chairman Ben Bernanke and top business economist are declaring that the "great recession" is over but what about the jobs? Is the worst over?
Should the government have pass another stimulus?
Friday, October 16, 2009
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2 comments:
Once people begin to gain jobs back and spending increases will the United States be out of "The Great Recession." Not all of the parts have been completed and it would be false to claim the worst of the troubles are over. The people are the ones who have yet to see the positive effects that result from an economic downfall. Don't count the chickens before they hatch.
I agree with Katherine to an extent she makes some very good points; however, the only thing I disagree with is that the worst of the troubles are not over. I think the absolute worst of what the recession has brought is behind us. But I really like the last sentence she used because many economists are doing just that.
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