Yes, it's over, so declares ABC News.
The recession is over. At least according to Barry Knapp, a strategist at Barclays Capital who specializes in consulting chicken gizzards and crystal balls... I mean, specializes in interpreting economic data and then spouting really cool phrases like "the sweet spot of the recovery" on national television.
Apparently these Ivy League whiz kids missed the story in the Washington Times yesterday that reported April foreclosures up 32% year-over-year. Some "sweet spot."
It may be over, but "it" ain't the recession we are talking about. What is over is the vaunted veneer of objectivity possessed by the media in relation to the executive branch. Trembling like a 15-year old girl in the presence of the "dreamiest" senior in the school, the press keeps sticking its neck out for a President who has shown nothing but incompetence as of yet.
But remember, you heard it here first - the recession is over! The Messiah has come. The Kingdom is established.