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I recently spoke with a Political Science student who seemed to me to have her presence of mind and so I asked her this question “Are we still in a recession?” She laughed as she began to explain to me of how the recession was over at least 6 months ago! I listened intently as she went on to explain that there are elections going on and that this was our media and politicians causing a fear factor affect which in turn would create for the politicians a sort of white elephant effect with our public. So let me get this straight what I am hereing is that having the fear of a recession in the air is nothing more then a political concoction to help some politicians get elected into office, yeah that makes sense. She also said that corporations are taking full advantage of this as well which also makes allot of sense someone getting making money off of others hardships. Apparently big corporations are using this recession fear to their full advantage as well and outsourcing jobs to job agencies which in turn means that they would not have to pay full benefits yeah that makes sense too. I do believe Mr Warren Buffet put it correctly last week when he said that when we start to see the GDP return to it’s pre downturn levels that’s when we will be out of the recession. This sort of thinking can be looked at within the real estate market we are not back to pre market bubble levels and will not be back there for a quite sometime. We have bottomed out with the recession and the only way to go is up from here.