Krugman - Recession ending soon

How dare you post positive news on SE. The bears will go crazy. Unless the news has to do with depressions and 70% drops in RE vlaues, it has no business being on SE. Don't you know, SE is supposed to be an echo chamber for the bears.

actually, oddly, krugman said we may have already ended the recession. with unemployment and job loss claims still negative, and no real possibility of GDP growth this quarter (maybe the money supply and the stock market gains count for more than I realize?), this is interesting.

but the other day Krugman blamed all our economic ills on Reagan. silly. I blame many of our economic ills on the foundation that Reagan laid. I blame huge amounts of our social ills on his policies.

employment data is a lagging indicator so you should not use it to decide when the recession is over.

Yeah, alpine finially agrees with me (learnt from me.) Unemployment usually peaks 8-10 months after the worst part of a recession.

I thought Krugman's blaming Reagan was a bit silly. We had 25 years of economic growth around the world due to liberlization of markets. Two or three quarters of contraction, or even 2 or three years would not erase all that growth. And a lot of that liberalization in the U.S. began under Carter and even ford. And certainly continued under Clinton.

it's lagging except when it continues for an inordinate amount of time, then it may be both a leading and a lagging indicator. and a coincident.

Dont get me wrong, I am for narrowing the rich/poor gap and such.

the rate of price declines ha slowed considerably so perhaps that is what Krugman is referring to.

You blame Reagan? lolol. I blame Kennedy.

I take back every negative/comment word i made about Krugman 2 weeks back. Apparently he came to his senses and see the 'light at the end of the tunnel' too.

MUHAHHAHAHAHAHAHAHAA!!!!

who said anyone blames Reagan, although i blame reagan for a huge amount culturally, and economically because uncle milty did HUGE amounts of damage worldwide via the imf.

and i saw something so sad the other day. some analyst was overjoyed that retail sales might be higher, "because gas prices and receipts had risen."

growth we can believe in. also i've heard a couple of conspiracy theories the last couple of days that seem very plausible to me.

jerkico, i still have you on ignore, i've not read your comment, you're still an idiot.

jerk face promised to leave ... can't even be bothered to switch names?