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“We don’t get the job losses stopping until 2010,” That is the scary part. The way out of a recession is to get people working and spending. So does that mea

• nostrademons 18y ago
  The "mood" after a recession tends to last until about 4-5 years after the recession begins, assuming it's not a total bear market like the 30s or 70s were (in which case, it tends to last at least a decade). People didn't really feel like we were out of the 1979 oil shock and 81/82 recession until 1984. (Some of my earliest memories are from about 1984, and I recall my parents being very careful with money.) They didn't feel like we were out of the 1991 recession until Netscape's IPO in 1995. They didn't feel like we were out of the 2000 tech recession until FaceBook and YouTube hit it big in 2005. So yeah, if you date this recession from late 2007, we've got until 2011 or 2012 before people really think we're out of it. And that's assuming there's not a further shock, like an oil price spike, another recession (the 1937 recession hit right as people were starting to recover from 1929-1932, the 1979 oil shock hit just as people were recovering from the 73-74 recession), or a war.