How Is The Recession Over With Unemployment Sky High | U.S. Financial Post

How Is The Recession Over With Unemployment Sky High | U.S. Financial Post:

"They said the economy began to slow in 2007 and orders in all fields stagnated until June of 2009 when ordering restarted. Though progress is slow, they said recovery began then.
The Logic Does Not Make Sense
While this type of logic may make sense in political and academic circles, the reality is that America is still deep in a recession if not a full blown depression. Businesses continue to lay off workers or are unable to expand their hiring, the cost of goods and services are high when wages are low and the housing market continues to crash."

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