Thursday, September 23, 2010

The Obama Administration Claims The Recession Is Over

U.S. President Barack Obama

The Obama Administration has announced, the recession that is actually a depression, has been over since June 2009. For the government to make such a baseless proclamation, in the face of the terrible economic numbers recorded over the past year, which revealed a record number of U.S. jobs, homes, banks and other businesses have been lost, is sheer fraud.

The nation has hit so many ongoing record lows this year, yet the government is claiming the "recession" ended over a year ago. Who are they kidding. They need to get to work. Lying to the public is not going to make the recession-turned-depression go away. Creating a proper, structured economy, based on sound principles will.

STORY SOURCE

Millions of Americans frozen out of now-official US 'recovery'

Worst recession in 8 decades is officially over

Is the recession over?

Recession May Be Over, but Joblessness Remains

Statistics suggest recession has ended, but many people disagree

Longest recession since 1930s ended in June 2009, group says