It's just a rental, I couldn't afford to actually buy a cake
The Recession. According to the National Bureau of Economic Research, our adorable little money-sucking recession is a full year old, as it actually began last December. Has it really been a year since every financial adviser with half a brain was telling me they'd rather castrate themselves than put their clients in a long-term product that tied their money too much to the stock market (these are the conversations you have when you work for a financial services provider?) Time flies.
If you're keeping score, that officially makes this recession #2 during George W Bush's presidency. The first one was from March of 2001 until November 2001. How'd we get out of that one? Oh right, wars and such. The NBER says we can't do that with this recession. We'll have to actually work our way out of it with vague advice on stabilizing the markets and the need to "continue to make progress in housing." So, more bailouts then?
If you're keeping score, that officially makes this recession #2 during George W Bush's presidency. The first one was from March of 2001 until November 2001. How'd we get out of that one? Oh right, wars and such. The NBER says we can't do that with this recession. We'll have to actually work our way out of it with vague advice on stabilizing the markets and the need to "continue to make progress in housing." So, more bailouts then?
Anyways, what are you getting the Recession for it's birthday?
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