When Do You Think the Recession Will End?
- Thread starter Dayton3
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MeanJoePhaser
Admiral
After Green Day releases the single "Wake Me Up When Recession Ends"
Why would they nuke El Paso, Texas? I've been there and all I saw was shit.
It'll show those people in Alabama that we mean business when Georgia gets nuked, that's what.
All Seeing Eye
Admiral
The recession will end in 2017
"End"? We're talking decades, if the U.S. can even survive as a viable political entity.
What are you, 15? There are idiots out there comparing the current economy to The Great Depression and it's isn't even close.
Plecostomus
Commodore
It'll end when manufacturing picks up again and employment stabilizes. Employment will stabilize when we break the back of the Temp Mafia and start employing permanent workers. You cannot get "consumer confidence" to improve and people to spend on frippery and luxury when they can't pay basic necessities like say... food and rent.
We need a mixture of high-tech, manufacturing, and service sector jobs... not just one or the other. You need manufacturing to support high-tech and service, and service benefits when the other two are stable.
Think about it, You are working in the HyperTech Optical Widget And Comptuer Company making the next generation nano-core optical computer chip when suddenly you come up with the solution... but you need a metal plate with five holes in it, bent 44 degrees and this big by this big with some nylon pads on the bottom to hold it steady.
You draw it up, email it to Small-Time Manufacturing, Joe makes your part and you drive over there to pick it up. On the way back you stop at Nacho Hut and order the Grand Mal Supreme and a gallon jug of Jolt. Meanwhile the bender-dude at Small-Time, having worked two shifts in a row to make your part orders a pizza on the way home.
It seems so simple to me. The economy needs balance it can't exist, it can't function properly with one of its components missing.
We need a mixture of high-tech, manufacturing, and service sector jobs... not just one or the other. You need manufacturing to support high-tech and service, and service benefits when the other two are stable.
Think about it, You are working in the HyperTech Optical Widget And Comptuer Company making the next generation nano-core optical computer chip when suddenly you come up with the solution... but you need a metal plate with five holes in it, bent 44 degrees and this big by this big with some nylon pads on the bottom to hold it steady.
You draw it up, email it to Small-Time Manufacturing, Joe makes your part and you drive over there to pick it up. On the way back you stop at Nacho Hut and order the Grand Mal Supreme and a gallon jug of Jolt. Meanwhile the bender-dude at Small-Time, having worked two shifts in a row to make your part orders a pizza on the way home.
It seems so simple to me. The economy needs balance it can't exist, it can't function properly with one of its components missing.
I just noticed I forgot to add the explosion to Vladivostok. I guess it was a dud.
Serious answer: it started right at the end of Q4 2007 (though official figures would say Q3 2008) and is a pretty big recession, so 18-24 months seems about right. That would pitch us to about H1 2010.
However, people don't generally perceive the end of the recession for about another year after that, so people won't really FEEL like the economy is doing well until about Q3 2011 I'm guessing, despite the fact the upturn will come much sooner.
However, people don't generally perceive the end of the recession for about another year after that, so people won't really FEEL like the economy is doing well until about Q3 2011 I'm guessing, despite the fact the upturn will come much sooner.
Well THAT SUCKS, considering the world is supposed to end in Q1 of 2012.
That is Fascist thinking.
Har har hardy har har! Ladies & gentlemen, Gertch just flew in from the coast, and boy are his arms tired! Bu-dump-dump!
Why do conservatives hate Barney Frank so much, and erroneously blame him, Fannie & Freddie for this mess we're in, when the real culprits are: Wall Street, banks who pushed subprime mortgages, insurance companies that insured, essentially, junk bonds (CBOs and other sub-prime mortagage-backed securities), all in the Wild West of deregulated markets, with an SEC asleep at the wheel, run by former Rep. Chris Cox? Such bias betrays an ignorance of how the system worked to the economy's detriment!
My guess is the economy will start to rise out recession in time for Obama to run for reelection. Yay!
Red Ranger
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