PAINTING THE TARGETS IN THE CULTURE WAR
*gasp*! Who would have thought! In the middle of a recession, the economy is... WEAK?Do you want democrats to lie to you? Goldman-Sachs only spent 1 billion dollars of their ill-gotten fractional reserve fund buying the president into office in 2008. They didn't spend nearly so much attempting to influence the opinions of his Aides. Maybe that's why they've already spent a cool half-million on Romney.
Billion. Heh. Typo. Goldman-Sachs only spent a million on Obama. Yes, this information is publicly available. Look up Contributors for any election on Open-Secrets.
You're funny."*gasp*! Who would have thought! In the middle of a recession, the economy is... WEAK?"The "recession" ended 3 years ago supposedly. Doesn't feel like it. Why? Ask your president.
Ah. So you are correct. It seems to be defined as "two down consecutive quarters of GDP" or perhaps "a 1.5% rise in unemployment within 12 months".Since I am not in a personal position to gauge unemployment or GDP, myself being employed in a non-sales position, I do not directly feel the effects of a recession.I figured I'd personally gauge the end of this most current recession by the return of our US Dollar to 100% of its original 1913 value. But that's wishful 'libertarian' thinking, and it will never happen. Not as long as our money is printed on cotton.As to why it doesn't feel like we're out of the recession; that's because, according to this chart I see, the "mountain" of jobs created since 2010 barely breaches the surface of the ocean of unemployment.
Of course, the mainstream "Unemployment Rate" only counts the number of people who are currently taking advantage of Unemployment Benefits, and not the number of people who really don't have jobs. So there's always that happy tidbit.
Let me rephrase that; As per 2010, according to the OECD, 103.7 MILLION Americans did not have jobs. One out of every three people. 66.7% employment rate.