There has been a major push to declare the Recession over since Government and Business Leaders reluctantly acknowledged there was a Recession to start with. I think the reasons for this are twofold.
First, to promote a lemming response amongst the American Consumer. If people think the economy isn't as bad as it is they may return to the behavior of spending on things they really don't need and can't afford. Exactly what our international trade partners require from their economic relationship with the United States.
Secondly, the individuals who had the most influence on the economic crisis are extremely wealthy with tremendous leverage over elected officials in both political parities. These individuals don't want to be exposed to any legal ramifications ... even if you could find a court that wasn't rigged in their favor in the first place. Furthermore, the fraud that is in the process of collapsing has made them richer and powerful beyond their fondest aspirations and they have no intention of allowing any changes in the current economic model.
So, the rest of the US and global population are along for the ride as this sliver of avarice driven humanity mandates their madness as our reality.
So, sure, the Recession is over ... or it isn't ... same difference.
Read the Article at HuffingtonPost
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