If the Recession Ended in June '09, Whose Economy Is This?

The Natiional Bureau of Economic Research has announced the great recession ended in June of 2009. If that is the case, it will have ended about 5 -6 months into President Obama's administration starting up. Now many will look at this as a positive, but there are a few questions. https://www.csmonitor.com/Business/new-economy/2010/0920/Great-recession-over-Not-much-help-to-Obama-on-CNBC-live

1. Wouldn't that mean the first money package pushed by Bush and the then Congress was responsible to that timeperiod?

2. If we are no longer in a recession, exactly what is it we are experiencing in the US economy?

3. Which group of politicians and which presidential administration can be given responsibility for the economy since June 2009?

4. Why are many companies still laying off workers?

5. Why aren't companies hiring at any appreciable rate?

6. Why are small businesses languishing and not expanding?

7. Why is it so hard to get a loan for business or for a mortgage or a refinancing?

8. Why has the stock market not started a real upward move instead of the back and forth that continues?

An entire segment of the US and the current Administration and Congress have laid this blame on the past presidential administration. It would seem this declaration by the NBER would also shift full responsibility for where we are to the current group in Washington DC, for better or worse.

Who really owns this "recovering" economy?

1) No.

2) A period of slow growth following a serious recession.

3) The Democrats.

4) The economy is still poor, and companies that have maintained their staffs in the hope of a faster recovery in their industry are realizing it will take a long time before production and income are back up to former levels.

5) Because the economy is not growing at an appreciable rate.

6) Same as above.

7) Same as above.

8) Same as above.