NY Times 10.29, article by Catherine Rampell on the economy

Thanks to Catherine Rampell's article in today's NY Times,"U.S. Economy Started to Grow Again in Third Quarter" and for putting the numbers on that quarter in perspective.

In contrast to Catherine Rampell the AP Economics writer, Jeannine Versa wrote in her piece today that "the worst recession since the 1930's has ended," couple the AP observation with that of Christina Roemer's quote about the end to unemployment, "this welcome milestone is just a step away," and one can't help but be confused.

Jeanine Versa, needs to tell the millions of unemployed that the recession has ended, start shopping and then duck for cover. Christina Roemer's welcomed milestone of fuller employment just a step away, needs to be pegged to a date certain for the new and restored jobs she envisions. When banks start lending, companies start hiring, and people find jobs, then there will be cause for celebration. At this point we are not even close to recovery.

Only, in my limited reading has Catherine Rampell of the New York Times gotten it right, "It will be months before job seekers feel the benefit," It's time for the media imaging to cease and true reporting like Rampell's to be read.