What did Obama do that had such a significant impact by June of 2009 that the recession ended?

Some people claim he "saved us from another Great Depression." Some of the same people claim that it takes a year or two for an economy to react to fiscal policy.



So what did Obama do that turned the economy around a few months into his administration? Wasn't a turnaround by the summer of 2009 already forecast before he took office?What did Obama do that had such a significant impact by June of 2009 that the recession ended?While the recession technically ended then, the Stimulus started pumping money into the economy well before then (and remember, one third of that was tax cuts). The mere act of passing the stimulus gave the market the confidence that we wouldn't descend into a Great Depression.



As you well know, the technical end of a recession (marked by positive GDP growth) doesn't guarantee that jobs will come back quickly. However, according to ALL objective economists, the stimulus created between 1 and 3 million jobs, reversing Bush's trend of 750,000 jobs being lost per month, as made clear by this chart:



http://www.flickr.com/photos/speakerpelo鈥?/a>What did Obama do that had such a significant impact by June of 2009 that the recession ended?
The accepted definition of a recession is not adequate to describe the current economic situation. Obama as well as the cast of idiots both democrat and republican have improperly diagnosed and explained the problem. The growth of GDP is not relevant to the issue of equity and debt which are the true causes of the downturn. GDP does not consider lost value of assets in it computation. If it did the situation would show negative balance sheets for growth in major sectors including real estate and finance. Cheap money from the fed disguises the real issue which again is equity. The growth of the economy since 2000 has been largely superficial in that consumers depended upon the rise in assets, like the price of homes, which they borrowed against creating consumer demand for products they bought with their homes equity. When the real estate market collapsed the cash dried up. It was all an illusion of wealth. Until the equity balance is restored there can be no recovery. Its that big.What did Obama do that had such a significant impact by June of 2009 that the recession ended?Excuse me...I'm still laughing.



The recession will be over when Americans get back to work!



Since most of the manufacturing jobs have been out sourced, due to legislation promoted by Progressive Liberals, it will be a cold day in hell when we replace those jobs!



Obama, has done NOTHING to help us. In fact he has dug a hole so deep, it will take decades to reverse!What did Obama do that had such a significant impact by June of 2009 that the recession ended?
Seems the recession is still on with double digit unemployment and 14 trillion in debtWhat did Obama do that had such a significant impact by June of 2009 that the recession ended?The recession didn't end...What did Obama do that had such a significant impact by June of 2009 that the recession ended?
he had his people tell every one that it ended when the press said it was not and it really was not.