Recession Ended in June 2009

The National Bureau of Economic Research (NBER), which is  responsible for dating changes in the U.S. business cycle, says the recession ended in June 2009 that started in December 2007.  It further stated that "The committee did not conclude that economic conditions since that month (June 2009) have been favorable or that the economy has returned to operating at normal capacity.  As worries persist about the struggling U.S. economy and its future path, the NBER warned that any future downturn of the economy would be a new recession and not a continuation of the recession that began in December 2007." 

Boy, aren't you relieved!  We can now all go out and borrow and spend to our heart's content.  To sent the mood for these good times, I thought you might enjoy the following video by Louis Jordan.  Now, go out and spend your money.  This recession is over.  Go on now, what are you waiting for?