RE: Detroit Goes From Gloom to Economic Bright Spot

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RE: Detroit Goes From Gloom to Economic Bright Spot - 8/16/2010 8:35:55 AM

cuckoldmepls

Posts: 855
Joined: 11/29/2007
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What a load of crap. If anything has improved in Detroit, it's only because the government has started handing out $100,000 block grants like they are candy. Basically they use these block grants to provide recreation centers for youth. Not Jobs.

(in reply to rulemylife)

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RE: Detroit Goes From Gloom to Economic Bright Spot - 8/16/2010 9:43:41 AM

Kirata

Posts: 15477
Joined: 2/11/2006
From: USA
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quote:

ORIGINAL: rulemylife

I'm not denying there are still problems, unemployment being the main one, but every common standard says we are no longer in recession.

Make up your mind where you want to stand: We're no longer in a recession, or we're in a recovery? It's not an either/or proposition, as you seem to be suggesting. All the evidence I've seen, including the link that you yourself posted, appears to indicate that while the economy is levelling off, which is all to the good of course, a real recovery is still more of a hope (finally) than a certainty.

K.

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Post #: 42