How can the Democrats call 7 years of positive growth under Bush a bad economy and than say that 1 quarter of positive growth is good.

Ahh, the recession is over, just in time for everyone to go back to their jobs. Oh, wait.

Yes, but as a federal employee in DC, I never saw the economy go INTO a recession. Spending is up, hiring is volcanic, and I can never find a parking spot at any mall I go to. Perhaps the DC area is as recession-resistant as people say, especially since I haven't seen anyone around here cutting back on spending. Though maybe people are switching from William Sonoma to Bed, Bath, and Beyond to "cut back".

Most of the growth is related to one time stimulus spending rather than new permanent activity. Hopefully next quarter there will be some longer term good news.

Is STR mad?

He/she calls the massive borrowing and spending under Bush "positive growth"?

I'd hate to be his/her bank manager (or spouse).

Stupid is as stupid does@8:22:
Bush's spending can't hold a candle to what The Messiah is doing. It is time the Big O and the democrats take ownership of this sinking boat; always returning to the past is not "progressive" in any form.

No. As a federal employee in DC I have seen agencies have hiring freezes and let go large numbers of contractors. While the President and Congress are spending money as fast as they can print it, other government agencies actually feel it. Regardless, I still feel the safest job to have is a government job.

People always spend too much money and that will not stop. They will cut back, but all that means is less name brand. They will still buy nice to have items when they want them and thn complain they can not pay their living expenses (rent/mortgage, electric, water, garbage, insurance, etc).

Only the wealthy and powerful feel that the recession is over. They probably found a way to make a buck on the unhappiness of the rest of us.

Per the Express sources in today's article just above the question, the economy grew due to government spending.
The taxpayer eased the economic freefall of "the deepest and longest slump since the Great Depression."
Per the Express, that "feels like" a recovery.

Are you kidding me? Anyone that actually believes that the economy is in recovery is living in a dream land. If not for the money wasted on first-time homebuyers and the “cash for crap” program, the economy would have shrunk yet again last quarter. The White House claims that 30,000 positions were created by stimulus money. Where are the 3,000,000 jobs we were promised? At this rate it will take about 100 years to get the jobs we were promised. The reasons the administration is claiming that we are in recovery is to make it appear that their "stimulus" plan was not a complete flop and to get ignorant Americans out shopping again to actually get the economy to recover since consumer spending accounts for about 70% of our economy and intelligent Americans have cut back their spending and buckled down for the Obama Depression in the works. Is it Obama's recession yet and if not when, if ever, will it be his responsibility and not Bush's?

http://www.cbsnews.com/stories/2009/10/29/national/main5446350.shtml

No, not yet. But it does feel like the economy is slowly getting better.

I think the real reason why this recession is hurting people so much is that they're finally being forced to live within their means. People need to get their opinions straight, do you want less Government spending, or do you want the Government to help you get a job? It can't be both.

The answer to this question is clearly YES. The Washington Express is no more a news organization than the home shopping network. We will no longer be dealing with this far right arm of the Republican Party web site.

Calling the recession over may be technically correct, but the US economy will continue to sputter for another year, at least. Welcome to the "new normal".

Personally, I never "noticed" the recession My business was/is still doing well, and I never changed any of my habits.
However when I talk to my buddies in the construction industry, or hear/read on the news how the recession affected millions of people, it was/is only then that I was aware that we are in a recession. So it is good news that there is light at the end of the tunnel.

I noticed that of all the Metro lines, the Blue Line is most inclined to say yes. Guess we know who's doing well these days!

Things have never been so good! Ever since Bush Baby, we have been rolling in green. So Momma, keep sending your boys and girls to the killing fields, because we need to fight them over there rather than in Arlington (and I need to keep up my payments on my Porsche).

I hope the economy improves for everybody. Until job numbers get better, the recession isnt over.

@ chris

The "new normal" will be a lot healthier for all. The problem with US capitalism since Reagan is that we expected/demanded positive growth every year, with disastrous results if growth leveled off, or worse, went to zero. When growth went negative last year, it was the end of the world and know-nothings went apocalyptic.

Our economy is healthiest when there is a balance of growth and contraction. This is the "normal" expounded by most non-Friedman economists.

Although I have a good job and think the economy is starting to look up, the recession won't feel over until businesses begin hiring again. I know too many people who are still out of work.

No, but then again, I never personally felt the effects of the recession either. That said, I have enormous empathy for those American who are struggling through this difficult period. I only hope the robust growth recorded in the past quarter continues, and ultimately translates into new jobs.

If you look at a select few numbers like the White House maybe. If you look behind the numbers absoltuely not. If your house is freezing and you burn a billion one dollar bills in your fireplace your house would warm up. Obama's version of this is to borrow money from China to pay people to destroy their perfectly good cars so they buy one sooner than they would otherwise.

@ JP

You would prefer a return to the Bush era when we borrowed money from China
to destroy sovereign countries and further line the pockets of the rich?

Halloweenie,
Last I checked we are still in Iraq and Afghanistan. Didn't we have the all time record number of American deaths in Afghanistan in October and the month is not over until after tomorrow? Maybe moronic Obama should follow the advice of his hand picked General and SEND MORE TROOPS to watch the backs of those that he is allowing to be slaughtered.

I have a full-time job and mismanaged my money. So, if the recession is over why is it that I can’t find a part-time job in DC, MD or in Virginia? Oh, I guess part-time jobs have nothing to do with recessions? Stupid me.

V,
That is because prostitution typically thrives during recessions.