Wishing doth not a recession end ~ By Herman Cain

From WorldNetDaily

By Herman Cain Posted: October 05, 2009 ~ 1:00 am Eastern © 2009 Federal Reserve Chairman Ben Bernanke has said that the recession is likely over. The Associated Press has interpreted the three-month decline of new jobless claims from June through August as an indicator of the economy getting better. Then oops! The new jobless claims in September went back up, and unemployment hit 9.8 percent. The ups and downs of the stock market have played many investors like a yo-yo, as they look for any signs that sustainable economic growth may be back. News flash! We are in a recession, and it is a long way from being over. Here are three reasons we will have a prolonged recession: 1) the non-stimulus $787 billion stimulus bill; 2) the threat of increased taxes in the Cap & Trade & Tax & Kill bill; and 3) the prospect of health-care deform legislation. None of these proposals inspires businesses to hire people. That's reality. I do applaud Bernanke's economic optimism, but I would applaud economic realism even more. The real measure of an economic turnaround is when businesses start hiring people again, but businesses are still trying to survive for at least another year in the midst of tremendous uncertainty about legislative proposals in Congress. The evidence is to just ask a business owner and not an academic, a bureaucrat or a media economics writer who has a vested interest in making the Obama administration look good. [CLICK HERE TO READ MORE]