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The recession is over? Or is the Fed Chair just saying that as payback for keeping his job?

According to the report, jobs are the last thing to recover. Our economy is consumer driven. First will be the sales, then jobs will follow. So, if no one is working, who's going to do the consuming? Just Congress?

Asked By: Tsar Brainless Harry Reid - 9/15/2009
Best Answer - Chosen by Asker
Obama just gave a speech to Wall St. yesterday or the day before. He told them not to try and block the regulations he wants to pass. The FED coming out to say recession is over is to give the illusion that Obama knows what he is doing when it comes to finance's. Yet home forclosures are up 18% over this time last year... More
Answered By: johninjc - 9/15/2009
Additional Answers (2)
Either he's saying it as a pay pack for keeping his job, or to keep congress from auditing the Fed. One of two would be my guess. God bless.
Answered By: mopar Mike aka tea party mobster - 9/15/2009
 
The Fed Chair is saying whatever Obama and the Democrats are telling him to say. Why would the recession be over? Are all those jobs coming back? No. It's not over and the public knows it's just another lie.
Answered By: Lizella J - 9/16/2009
 
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