Recovering from Republican mismanagement of the economy is going to be a tough slog. And while economists agree that the recovery would have come on faster and stronger if Republicans did not work to gut the stimulus package – what got passed is working.
This is good news on two levels. Obviously the economy improving is good, but the fact that this blows the entire RNC electoral strategy out of the water is awesome.
Survey: Economists See
Recession EndWASHINGTON – The economic recovery is likely to encounter bumps in the road but more than 90 percent of economists predict the recession will end this year.
So says a survey of leading forecasters by the National Association for Business Economics. It is generally in line with the outlook from Federal Reserve Chairman Ben Bernanke and his colleagues.
About 74 percent of the forecasters expect the longest recession since World War II to end in the third quarter. Another 19 percent predict it will come in the final three months of this year. The remaining 7 percent say it’ll be in the first quarter of 2010.