It can't be ending yet.  Less than 20% of the masive 792 billion dollar stimulus that had to be passed immediately has been spent.   

 If it is ending, that would mean that Bush would be responsible for ending it with his actions last fall.   We just can't have that.   But maybe Congress could refund the remaining 80% of the stimulus so my future grandchildren won't be saddled with so much debt.

Don't raise your hopes that there is a light at the end of the tunnel so soon. It took FDR (D) over 15 years to fix the naughtiness of the Hoover (R) adminstration.  Prez Obama (D) is good but he faces all the opposition that doesn't want anything for the people(Health & recovery).  The economists have no doubt that the Dubya and company caused this recession. I think  he had some guilt at the end, since he didn't pardon 'Scooter' for betrayal of our country.

Our economy is not good, but it could be so much worse.  The unemployment rate during The Great Depression was 22%.  Not only were there a lot of people not working, there was no government assistance either.  My dad had to live with a foster family because his mother could not afford to support him and his two older sisters.  We did not get this way over night and we will not recover over night, but I beleive Obama is doing what he feels is right to turn this bad economy around.  Our economy started going down hill a few years ago while George W. was still president.  Our politicians have had a bad habit of over-spending (not staying within the agreed budget) and I beleive that has a lot to do with the reason our economy is in the mess it is in.  Keep in mind that God is our provider and He will take care of us!!!

Woman,

If you had a job during the depression things weren't all that bad. Unless the site of those without, brought you to tears.

Things are not good but you are right they could be a lot worse.

And you are also right about the timing of the downfall.

what movie is this from?

NOT    EVEN     CLOSE     BUD.........

major players in the economy, and even the best of the forcasters are saying the stock market is gonna take another "correction" here pretty soon.   the grip of the hand around the neck of the US economy WILL get tighter here pretty soon.

remember this too....the CA housing market put a 3 month moritorium on home foreclosures.  that is set expire in october.  Hundreds of thousands of homes will crash the market in October, effectively  pulling the bottom out of housing prices.  get ready for a home price free-fall

According to Obama and his blind faithers iti s..But it isn't.

As long as job unemployment rate remains high, people are going to keep holding onto their savings.  Corporations and small businesses in several industries are trimming down their expenses.  I'm seeing this to be the case in my hotel industry where we rely on corporate travelers to conduct business on the road. 

Moto,

I believe the Obama regime said we are near the bottom. But recovery has yet to begin. And full recovery years away.

 I believe the Obama regime said we are near the bottom.

But what do the blue bloods say?? I thought they ran the economy?  When do they decide we will pull out of this Obama Depression??

mexico,

Blue bloods? Well.

They can't make up their minds. Some say we are out. Some say we are not.

Fact is they know nothing. They have no expertise. They only have position, power and money.

They run their money like a Casino. They have the prospective that as long as their money is in play, they lose nothing.

That is what is happening in the commodities market today.

But if we have another fall without any natural disasters. I think you will see a exodus out the commodities market  much greater than even last year. . 

Gee.. Last week they controlled everything and were the most powerful people on the planet.  This week they are nothing more than middle aged overweight losers sitting at the slot machines at Whiskey Pete's....

mexico,

Your reading comprehension is very poor.  Not one mention of weight, age or slot machines. It's as if you are referring to a completely different post.

And I in fact said that they were born with a golden spoon in their mouth. This advantage makes them guaranteed a winning edge in the stock market and the casino. This does not take brains. It only takes enough cash to stay in the game until you are the last one at the table.  When enough of these cash cows get together. They have the power to control prices. Even in the face of absolute deluded demand. Which is the case in todays crude market.

But in time fear will set in. Some will run and many that stay will be ruined.

Ask the Hunt brothers.

Inasmuch as my daughter will join the throngs of unemployed on November 4, it's hard for me to get a grip on the idea that the economy is on the upswing. 

We're told, too, as though we're stupid sheep, that there are no inflationary principles at work.  If they believe that, they have never gone grocery shopping on a regular basis year after year. 

No.  Up is still up.  Down is down.  Blue is blue.  And red is not black.  Our bottom lines reflect nothing at all like black, but, rather, red. 

"They" can shout all they want to about how much "they" are doing for us, but to me it's doodly.  They are doing themselves all the good they can while the getting's good.  "They" may not be in office forever, after all, particularly the way things are going. 

Ali,

There are plenty indications that deflation is the course as of now.

Food products are reduced by huge amounts. 

Toady's paper in fact had a article on the P&G wholesale lowering of prices so they could move more goods.

Also wages have hit lows that equal 1997 when adjusted for inflation.

Heck my car insurance premiums have been reduced by 1/3 with no change in my vehicles or drivers.

That is a bad case of deflation. Not inflation. 

That's the dilemma economists face. There are those who have steady jobs, a fixed mortgage and now hugely reduced prices.

There are then those that have no job. And a reduction in prices means nothing. Even  a 50% sale is unaffordable when you don't have an income.