Alice In Recessionland?
numi | March 9, 2010Or Mad as a Hatter?
Cities Where The Recession Is Easing
In these 10 metros, jobs are projected to grow and the housing crisis is stabilizing.
In recent weeks business in Washington, D.C. ground to a halt as record snowfalls pummeled the area and a sparring match over national health care reform hijacked the political conversation. But the nation’s capital is getting something right: It is emerging from the recession better than any other major city in the country, according to research by Forbes.
via Cities Where The Recession Is Easing – Yahoo! Real Estate.

This will probably be the shortest post I ever write. But I had to get a response on this ASAP and try to save what very little sanity I have left.
If I remember correctly, we were told that the recession started in December of 2007. Some say even sooner than that. All through the year we were told, no there is no recession, we’re not in a recession, just a little bump in the road. Then we had the bank collapse, and it was oh yea we have been in a recession, nobody knew anything, nobody saw it coming etc etc.
Now since all that stimulus money and TARP money went out all I’ve been hearing is how the markets are recovering, stocks are going up. Companies are giving out big bonuses again everybody’s happy and we are in recovery. Every week, or so many days since those Trillions just got up and walked away, I’ve seen at least several reports of how things are getting better. Slowly perhaps, but significantly and measurably better.
After all, if the stock market and Wall Street go up, doesn’t that mean that we all, the economy as a whole goes up. Funny, that’s what they told us when it collapsed. If Wall Street collapses etc then the economy and the country will tank with it.
Even President Obama said when we were filling the briefcases with the first $350 Billion we handed out to all these money manipulators, the people should do well when Wall Street does well. Maybe I was the only one who heard that. So if I was PLEASE drop me a note and help me remember what really was said.
But I see the Dow flirting with 10,500 again, and Yahoo makes sure I see the Green Arrow of rising market volume and revenue. Seeing plenty of commercials urging me to invest my money that I don’t have into good old mutual funds and various market related investments. So I am thinking things are going to get good for me soon too, right?
So the sole purpose for this post is to get a survey out there ASAP to test the waters of recovery. I really need to know if I have my head up my ass, or if the general consensus around the country is that we are all moving slowly and steadily in a forward direction.
Or, if our recovery fell into a rabbit hole?
PS – When I say “Forward Direction” that doesn’t mean two steps back, and only one forward!
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