Higher Corporate Earnings Mean the Deep Recession is Over

Corporate earnings can increase when wage costs are significantly reduced. But that means unemployment may continue to remain high.

It will also mean productivity will go up. But that happens only during what they call a classic recovery. In fact, some economists say the end of a recession is marked when productivity goes up. But that does not remedy high unemployment problems.

Our present recession and acclaimed recovery is marred by the Obama Administration spending sprees. That necessitates taxes that hurts business before it can attempt to recover.

When companies can start hiring again and keep earnings going up will be the real positive signs of the end of the 2008, 2009 recession. That fiasco is a classic example of what happens when government uses a combination of useless stimulus and high taxation and other anti-business devises to get business stimulated.

Leave business alone, so that earnings will create the jobs for a true business recovery.