Thursday, September 23, 2010
ECONOMISTS: RECESSION ENDED LAST YEAR
Cambridge, Mass. - Economists from the National Bureau of Economic Research announced today that the worst recession since the Great Depression is not only over, but ended more than a year ago in June of 2009.
The news delighted homeless and jobless Americans across the country. Said one such person, Detroit resident Joseph Schmenkowski, who is living in a refrigerator crate and cooks beans on a Sterno stove every night for dinner, "That's great! I feel a lot better knowing that things have been much better for the past year than I thought they were."
(c) 2010 Barry Rabin. All rights reserved.