Newsweek: ‘Recession Over’ as GDP Sits at -1%
In the lead up to the 2008 elections, the extremely left leaning media of this country were trying to convince you that the nation was in recession when key indicators suggested economic growth not recession. They created the current recession by convincing you it existed when it didn’t. Now, one of the leftarded media outlets is trying to convince you that the recession that they helped create is over when the key economic indicator of the existence of a recession shows evidence that it the recession is continuing..
From CNN:

But according to all of the economic indicators, Newsweek is a bit premature in that announcement. This includes the most important indicator – the Gross Domestic Product (GDP).
A recession is defined as 2 or more consecutive quarters of negative GDP. The main stream media all were announcing that the United States was in recession when the nation still had positive GDP numbers. And now, Newsweek in their infinite stupidity is announcing the end of said recession unilaterally with no evidence to back it up. But what the hell, evidence doesn’t mean a fucking thing to these assholes.
CNN is reporting, ‘Obama mocks Newsweek cover, Newsweek hits back‘.
“I don’t know whether you’ve seen the cover of the latest Newsweek magazine on the rack at the grocery store, but the cover says: ‘The Recession is Over,’” the president said as part of his prepared remarks at the event.
“I imagine you might have found that news a little startling,” Obama continued. “I know I did.”
Obama went on to say while certain indicators are improving, like the stock market and home sales, “That’s little comfort if you are one of the folks who have lost their job.”
For the first time in his short Presidency, Barack Obama is correct. It is little comfort for the couple of million people who have lost their jobs since the Man with the Middle Name Hussein took over. He has been consistently wrong in every prediction that he has made from the campaign on.
He warned us that if we didn’t pass his economic stimulus package that unemployment would climb to 8.5%. With the national unemployment numbers flirting with 10% and the jobless rate in the Democratic People’s Republic of Michigan tipping the scales at a whopping 15%, somehow I believe the douchebag from Chicago got that one wrong.
He said that his stimulus package would create jobs. Wrong again. Green jobs – wrong. The only evidence that I personally have been able to find that any of his stimulus claims are being implemented is a sign on I-75 southbound into Dayton, Ohio that claims that a project begun 8 years ago, the I-70/I-75 Interchange, and near completion is part of the Obama Porkulus package. I’m sorry, but I’m sure funding for that piece of road work was secured before ground was broken. The same can be said for the other I-75 project. Ground was broken on that in early 2008. So somehow I doubt Porkulus funding got those projects off the ground or created any jobs there since they were both going before Obamaramadingdong secured his Party’s nomination.
Barry followed up his extremely expensive political payoff package with another aimed at cutting greenhouse emissions when in fact, it does nothing of the sort. It is another tax package dreamed up by the President and put into a bill by SanFranNan, both of whom have never seen a tax proposal they haven’t absolutely been in lust with. The House Cap and Trade bill doesn’t curb the emissions of greenhouse gasses. It only taxes them. Somehow they have the idea that raising taxes on businesses in this country will somehow create jobs. I’ve never heard anything more ignorant in my life. But they truly believe this tripe.
Now Barry, Nan, and Harry Reid (the human sleeping pill) have another brilliant idea. Let’s place greater mandates on the health care industry by forcing Doctors out of the profession through regulation and lower compensation for government funded options. Let’s place a mandate on the American people to get private coverage before this bill becomes law or be forced onto a government run health care system that will create waiting lists, rationing of care, and the end of privacy. Let’s remove the patient and the doctor from the decision making process and put an empathy free board of bureaucrats in charge of making health care decisions for people they’ve never met. And while we are at it, how about ending care for seniors and fund as many abortions as we can to reduce the population.
What’s next for this turd? Soylent Green?!?
So no Newsweek, the recession that you helped create by instilling fear into the minds of many non-thinking lemmings out there who wrongly believe that you are an independent news service is not over. It is alive and well and about to receive a huge shot in the arm if the House and Senate pass Obama’s health care scheme.

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