Thursday, August 13, 2009

End of the Recession


I hear their reporting the end of the recession.... Fantastic!

I guess, since it comes from a higher authority, I should really be optimistic and feeling better about a well above average unemployment rate, depressed real estate market, monstrous federal deficit, the likely hood of increased taxes, record bankruptcies, slumped retail sales, a major health care change, etc, etc, etc... Please someone, show me the light!

Unemployment Rate History for 2009: 7.6/8.1/8.5/8.9/9.4/9.5/(July 9.4) guess we've leveled off... Any predictions?

However, if you take into consideration their way of looking at this, you may have second thoughts on celebrating. In reflection, anyone who is looking for a new job or running a small to medium sized company may argue with this assessment that the recession is over and here comes the good times. I have absolutely no answers only questions and hope to find my own answer to apply to my personal situation. And so should you.

Cut through the fog and get some raw data at these locations so you can make an informed decision on your next business move.

http://www.bls.gov
http://www.census.gov

If you have time and the energy to read through the proposed health care reform bill HR3200.

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