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Are we on the way to recover from the recession? email this discussion to a friend?

myLot reputation of 89/100. clorissa123 (3513)   ranked 53 out of 1,004 in usa5 months ago

The stock market is rising again on the past few days. The bailout plan from last winter, while Obama was elected president, is on the way to initiate on this late summer time to help fund the small businesses. So, there will be sufficient funds flowing to help those small businesses, or entrepreneurs. Do you think that our economy is on the way to recover soon?

 
 
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tags:  economy, recovery, bailout
 
1. myLot reputation of 73/100. defcon505 (428)   5 months ago

It's a slow recovery. My father still doesn't have a job.

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2. myLot reputation of 86/100. tdemex (2208)   ranked 388 out of 1,004 in usa   5 months ago

happy It's already started. I'm unemployed but the job sites are indicating an economic recovery is started in certain areas. But all people care about is me, me, me, so they won't be happy until they get a job which may take awhile. So I guess my question to you is define recovery? wink tdemex

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3. myLot reputation of 91/100. happy6162 (1968)   ranked 410 out of 1,004 in usa   5 months ago

no, i day they say it is and then the next they say not. i am still looking for a job have been now for a year. i think it will talk a long time. people are still being laid off so recovery is a long way off.

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4. myLot reputation of 96/100. Bethany1202 (2092)   4 months ago

As a matter of fact, I wrote an article over a year ago about this -- http://www.associatedcont... back a year ago, I think most of us were much better off financially than we are today. I think fewer people were unemployed, pay rates were slightly higher perhaps, interest rates kept falling for deposit accounts, banks were in trouble (before the infamous bailouts!), and people were beginning to get laid off.

Recently (over the last week or so) it seems as though the stock market has been rising a bit, but I am not getting my hopes up. I am picking up a second job and hoping to save just a little extra, as much as possibly actually, to be sure I am safe no matter what happens.

I SURELY HOPE the economy is on its way to recovery! I used to work in a bank and saw SOOO many unemployment checks. It was very distressing to me. I have actually moved out of state and had to find a new full-time job. I had to take a pay cut and will be driving further to get to work, but it really was all I could find. I am still looking for a better job, but, for now, I have to just take what I can get.
BEST WISHES to everyone! Let's hope things improve soon. surrender

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