Skip O'Neill – Liberty for All

Ron Paul for A New Direction

Recession in the U.S. to be official

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Recession in the U.S. to be official in 2013. We know that for many of you reading this, you are probably asking when did the 2007 recession end. Well officially according to National Bureau of Economic Research, the recession ended around June of 2009, even though for those of us living in reality, the recession never ended. Food stamp use continues to make new all time highs, with 1 million people added in the past 2 months, coincidentally the same amount of people who have dropped out of the workforce during the same time frame. Gallup’s polling information continues to give us a real unemployment number in the teens with it being steady at 20% when you include everyone who wants a full time job that doesn’t have one. With that said, even the mainstream media and economists will admit this year that the U.S. is in a new recession, perhaps even stating that it started in late 2012.

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Written by opinionoregon

January 7, 2013 at 3:17 pm

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