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lookout123 · 11-06-2009, 09:53 AM

I'm not sure if we're in a recovery or not, only hindsight will be able to verify that. I will say that the recovery period in the economic cycle often looks and feels no different to the average citizen than the descent.

Part of recovery is when businesses realize they have increased sales/cash flow which isn't consumed because they have laid off employees and reduced overhead. The average citizen only consciously feels the recovery is on once we get closer to the peak of the cycle and life is comfortable again.

11-06-2009, 09:53 AM	#3
lookout123 changed his status to single Join Date: Apr 2004 Location: Right behind you. No, the other side. Posts: 10,308	I'm not sure if we're in a recovery or not, only hindsight will be able to verify that. I will say that the recovery period in the economic cycle often looks and feels no different to the average citizen than the descent. Part of recovery is when businesses realize they have increased sales/cash flow which isn't consumed because they have laid off employees and reduced overhead. The average citizen only consciously feels the recovery is on once we get closer to the peak of the cycle and life is comfortable again. __________________ Getting knocked down is no sin, it's not getting back up that's the sin