INDEX OF LEADING INDICATORS SIGNALS AN END TO RECESSION

NYTIMES: Index of Leading Indicators Is Signaling the Recession’s End

THE American recession appears to be nearing an end, but only after it has become the deepest downturn in more than half a century.

The index of leading indicators, which signals turning points in the economy, is rising at a rate that has accurately indicated the end of every recession since the index began to be compiled in 1959.

THIS IS ENTIRELY DUE TO THE HARD WORK OF AMERICANS.

• RECESSIONS END AND ECONOMIES GROW BECAUSE OF PEOPLE, NOT GOVERNMENTS.

• THE BEST THING A GOVERNMENT CAN DO IS GET OUT OF THE WAY!

• OBAMA'S PORKULUS HASN'T EVEN REALLY BEEN SPENT/DISTRIBUTED YET.

• (OBAMA AND RAHM ARE WAITING FOR NEXT YEAR - AN ELECTION YEAR, SO THEY CAN USE IT TO GET VOTES.)

• IMAGINE HOW MUCH BETTER WE'D BE DOING IF WE'D ALL GOTTEN A BIG TAX CUT - AS THE GOP WANTED!?

• I THINK UNEMPLOYMENT WOULD BE GOING DOWN, AND NOT UP.

SIGH.

2010 IS ONLY A YEAR A WAY...