NEWSMAX.COM / AP

“Obama Economic Aide: All Agree Recession Is Over” continues

“The top White House economic adviser says ‘everybody agrees the recession is over’ even though many experts predict unemployment could climb higher.

“Larry Summers says key indicators have shown that the economy is beginning to expand again and that job creation probably will follow. The jobless rate stands at 10 percent.”

WATCHDOG: This may well be true for other parts of the country, but the Federal Reserve indicates the economy in our state and those surrounding has not yet improved.

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Updated: December 14, 2009 — 10:22 am