Is it really an economic recovery when more jobs are lost than created?

jobs that are created are without benefits, some are with benefits, but the wage is very low like 10 an hour, 20 dollars an hour or more jobs are hard to come by. it seems more like an economy depression, not recovery. if it is so much of a recovery why are we in trillions of dollars of debt, and there are worries about the future of MEDICAID, SOCIAL SECURITY, and all other benefits for the elderly and baby boomer generation. do you actually believe this is a recession or another depression?

Asked By: Orange lemonade - 4/19/2011
Best Answer - Chosen by Asker
well a recession is two successive quarters of negative growth. As for your question, its depends on which macroeconomic objective you are looking at. The governments main objective is to increase economic growth(the productive capacity in the economy - measured by real GDP) so in this sense the economy is recovering... More
Answered By: Tim Mcroy - 4/19/2011
Additional Answers (1)
There are NOT more jobs lost than created. You're simply wrong about that.
Answered By: SDD - 4/19/2011
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