Thursday, July 2, 2009

So, is recovery just around the corner or not?



Answering yes, if faintly, a href="http://news.yahoo.com/s/nm/20090701/bs_nm/us_usa_economy_11"are several indicators/a, including a slowing pace of layoffs, a slowing pace of manufacturing contraction, etc., along with the prognostications of economists, labor analysts, etc.br /br /But, note that those just indicate recovery seems to be iaround the corner./i They don’t say it’s ihere yet./ibr /br /Answering no, or at least, that the corner is at the end of the next block, is a href=" http://news.yahoo.com/s/ap/20090702/ap_on_bi_go_ec_fi/us_economy;_ylt=AmiI5lKIWRwJcLlmXyVQHi2b.HQA;_ylu=X3oDMTMwdjJvdG1hBGFzc2V0Ay9hcC8yMDA5MDcwMi9hcF9vbl9iaV9nb19lY19maS91c19lY29ub215BGNwb3MDNARwb3MDNARzZWMDeW5fdG9wX3N0b3JpZXMEc2xrA2p1bmVqb2JsZXNzcg--"a still-rising unemployment rate/a, expected to hit 9.6 percent. And, some analysts still think it could eventually break the post-World War II high of 10.8 percent.br /br /Take note, though, we’re not there yet, so, this still isn’t yet the worst recession in post-World War II history. Besides, that one, from 1980-82, had a kick-start with the second oil embargo.br /br /Internationally, the Eurozone supports the positive, Japan supports the negative.div class="blogger-post-footer"There is no god and I am his prophet.img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7532871-108843322247016489?l=socraticgadfly.blogspot.com'//div

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