Despite My Prediction, Recession Not Over

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Well I admit it… I was wrong. I was so sure I knew exactly when this economic collapse would end when I wrote this post about Windows 7.  Alas, unlike most of the time I venture an opinion, I was wrong.  😯   After a brief uptick in things in the months following the release of Microsoft’s new operating system, the recession continues.  Now this all comes to mind because of a NPR story I heard the other day.  The discussion was about the inability of the U.S. economy to recover in any meaningful way.  In passing, one of the panelists mentioned that the hints of a rebound last fall, winter and spring were largely the result of a temporary boost in the technology part of the economy.  Combine the end of the technology boost with the end of the government housing tax credit and here we are today, still limping along the bottom.

I thought about my old Windows 7 post when I heard that comment.  I then did some research and found others that claimed that the boost in computer sales that occurred when Windows 7 was released could be plotted almost exactly with the feeble attempts at recovery the economy made over the past 6 or 8 months.  I wanted to shout “I told you so”, but as noted above, I was wrong.  The downturn has proved too severe for even a Microsoft rescue.  I do wonder what will finally turn this economy around, do you have any ideas?  I have run out of predictions, but at least Windows 7 has put Vista in the operating system graveyard where it belongs!

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Will Sig
1 Tony McGurk

Drats Will, Now you tell me. I just invested $10 million in Microsoft shares based on your prediction. Easy come easy go I guess… 🙂
P.S. A big YAY!!! for Vista being put in the OS Graveyard

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2 Tony

Drats Will, Now you tell me. I just invested $10 million in Microsoft shares based on your prediction. Easy come easy go I guess… 🙂
P.S. A big YAY!!! for Vista being put in the OS Graveyard

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3 Anna

…and me here still running the old Windows XP. I guess I don’t have any great need for upgrade, until something will crush, lol.

There is still lot of people in Canada who cannot find job, or just going for low paying or minimum wage salaries. Lot of people with great skills been working for minimum wage, and large corps been using this in advantage. It is sad to hear.

I don’t have any ideas at this moment, the markets are very volatile, technology is one of the as you mention.
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