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May 27th, 2009
03:21 PM ET

Tonight: Text 360°

[cnn-photo-caption image=http://i2.cdn.turner.com/cnn/2009/images/04/08/art.text360.jpg]

Today a group of leading economists said the end of the recession is in sight. They say while the economy is showing signs of stabilizing, the recovery will be more moderate than is typical following a severe downturn. Ali Velshi will be here to answer your questions about what this means for you.

What are your questions on the economy? Let us know!

Send us a text message with your question to 94553, and you might hear it on air!

The message MUST start with the letters AC, and then a space, then your name and question. If you do not include AC first with a space, we will not receive your text.


Filed under: T1 • Text 360
soundoff (43 Responses)
  1. joe

    AC Joe Why are we not burning the abundant Natural Gas and Propane in our autos?

    May 28, 2009 at 1:31 am |
  2. Jason Rains

    The money that was given to GM,could have been divided between people over the age of 50,They could then pay off their debts.GM should go under in my opinion their facilities would be taken over by all the other car makers,producing the jobs needed.Our government are a complete waste of time and should be taken back by the people!

    May 28, 2009 at 1:26 am |
  3. joe

    AC Joe How can the ression be over when Nilla Waffers are $4.15 for a 12 oz box?

    May 28, 2009 at 1:25 am |
  4. David from Georgia

    I cannot see an "end" to any of our economic problems in this country. The genie is out of the bottle. The rubber band of credit has snapped. For many years I have stated that with the manufacturing companies leaving, there would be a tremendous economic loss of our capability to "generate" money. Businesses that "generate" money are things like manufacturing, agriculture, and tourism. Service industries just revolve money.

    Now we are facing other derivative problems like, the lack of manufacturing skills available in the younger generation. So, don't bother trying to sell me on the BS that "we're on the road to recovery." I haven't heard of any great number of plants moving their operations back from overseas lately. Have you?

    May 28, 2009 at 1:25 am |
  5. Darryl

    The President puts caps on credit card co. Why doesnt he put a cap on gas prices? This would help out as well. Thanks.

    May 28, 2009 at 1:24 am |
  6. Mandy

    How are we suppose to trust all these "economists" when the majority of them did not see the great crash and recession coming?

    On a side note how will all this huge amount of debt and bailouts be paid back?

    May 28, 2009 at 1:02 am |
  7. Phil Tran

    How did these economists say that it's bottom? Did they pick the number out of the air? or they get paid to say that? They need to have reality check more often...I say, we will hit bottom when a good percentage of comercial building go BK or 50% vacancy rate...

    May 28, 2009 at 12:54 am |
  8. abrahm ouedraogo

    Well, lets be honest it's a huge relief but with tens of thousands of unemployed still trying to figure out which way to go, the prediction of those big economists are not reliable. economists are like doctors who prescribe drugs they have no knowledge about to patients they don't know at all.

    May 28, 2009 at 12:53 am |
  9. pt

    Better? Better than what? When equal rights for all Americans in an economy war are given that's when it gets better. There are still far too many with far too much and d=far too many with far too little. This is the disgusting truth of America,. The government bailed out the upper class and dished severe punishment on the lower and middle classes. Where is justice?

    May 28, 2009 at 12:41 am |
  10. Dos Osos

    In light of the huge amount of money the federal government is "investing" in GM and the fact that the federal government will have stock voting control of GM, won't GM have a very large competitive advantage over Ford?

    It seems to me that because Ford has been more financially responsible than GM, Ford is, in effect, being punished by the federal government. That does not seem to me to be fair or right.

    May 28, 2009 at 12:39 am |
  11. Jacob Stovall

    what do you think about the fair tax deal?

    May 28, 2009 at 12:38 am |
  12. AC Dinesh

    Why cant anyone predict a recession with so many economists, politicians,analysts in this country.It is still not clear how we ended up in this recession. It seems like everybody knows what exactly is happening today, but ignore what happened yesterday and what might happen tomorrow !

    May 28, 2009 at 12:35 am |
  13. M.C.

    How is the stimulus going to help out the economy if the extra money that people are getting from the stimulus is being saved for a rainy day ?

    What are the odds of the United States experiencing another "great depression"?

    May 28, 2009 at 12:33 am |
  14. Tom Shelton

    THESE ARE THE SAME ECONOMISTS WHO SAID WE WOULD HAVE A SMALL DOWNTURN IN OUR ECONOMY AND THAT IT WOULD LAST ONLY SIX MONTHS, WHY THE HELL SHOULD WE BELIEVE OR HAVE ANY TRUST IN WHAT THEY SAY OR PREDICT. I THINK IT IS GOING TO BE EIGHTEEN MORE MONTHS BEFORE WE HIT BOTTOM AND WE START SEEING ANY REAL GROWTH.

    May 28, 2009 at 12:31 am |
  15. Yuli

    When are we as middle class going to get some help? An extra 30 dollars on my check does not justify a recovery. I am your average citizen working the 9-5 providing for my family. I'm still paying an extremely high premium for healthcare and 30 dollars extra on my check is a slap in the face. I don't understand why lending credit is not a priority right now. For most of us working class we have bills and bills are piling up and our credit is slowing fading away enabling us to obtain a personal loan in the future. I am paying as much as I can with the high interest rates but am unable to committ to every one. Please help!

    May 28, 2009 at 12:31 am |
  16. jay

    Why have all the economists and the media, given President Obama a pass on the home foreclosures that continue to happen? The programs that this administration enacted are not doing enough.

    May 28, 2009 at 12:23 am |
  17. Billy

    Why is it that this recession does not affect everyone in the US? I was in a Wal-Mart in Cedarville, Ohio the other day and it was like empty compared to the Wal-Mart in London, KY where I am from. Here in London you would never know that there was a recession.Did this recession not run its full coarse?

    May 28, 2009 at 12:22 am |
  18. Hobo Bill

    What recovery? My community, a backbone of the war effort in the 1940s, and a beacon of high tech through to the 1990s has been tossed in the garbage can by both Dems. & Reps. Our Govt. & its economists know that to be a world leader you must make something that the world wants. Balance of payments is critical to our survival, but we gave away the store and our tax laws promoted the transfer of technical expertise to foreign manufacturing. There is an intentional move to destroy the working person and promote control of labor. Witness the destruction of the contracts between the auto industry and retired labor. Next we will see inflation and health care costs so high that it will consume the savings and property of retirees. Too bad the terrorists didn't succeed in the attempt on Washington.

    May 28, 2009 at 12:19 am |
  19. Tim M

    With all the forclosures, unemployment, government spending, and printing of money...why is this not called a depression. In my 60 years I have never seen anything like it. Obama needs to call a spade a spade. (no pun intended) I am angry!
    I think it is disgraceful, the government throwing away so much money.

    May 28, 2009 at 12:10 am |
  20. Jeff

    Please explain how inflation will adversely hurt the poor over people who can afford to own homes and make investments.

    May 28, 2009 at 12:00 am |
  21. Wendell

    AC Douglas In order to help families, what are the chances of the Obama administration changing the current law to allow IRA withdrawals with no 10% penalty? With the understanding that we would still report the amount withdrawn as taxable income. I'm running out of my emergency funds to pay for everyday basic needs.

    May 27, 2009 at 11:59 pm |
  22. Casey

    Why aren't you reporting on the thousands of mortgages that are going to reset over te next year? Is this supposed to create an "artificial confidence"?

    May 27, 2009 at 11:56 pm |
  23. DM (NJ)

    Is there an understandable explanation about why the world economy collapsed?

    May 27, 2009 at 11:52 pm |
  24. jsr

    This is Madison Avenue advertising hype at it's best. An economic spiral downward will continue regardless of what the pundits say. Massive lay offs, retirement accounts and home owner equity reduced, corporate off-shoring or increased investment in emerging markets will strip what's left of the middle class wage earner in America.

    Destiny has finally caught up to America's greed, self interest, self preservation at all costs, indifference, "me" attitude.

    May 27, 2009 at 11:44 pm |
  25. T.C. in OK

    AC Why are we (our tax money) bailing out GM months after they announced they were moving production jobs out of our country?

    Guess I'm just a dumb but can't understand why taxpayers should underwrite a corporation that has already stated they are abandining their US workers and factories?

    Where is this money going to end up? (Well, other than upper management bonuses)

    May 27, 2009 at 11:44 pm |
  26. Guy McPherson

    The industrial economy is not going to recover, ever. That's one consequence of passing the world oil peak >4 years ago. Any hint of a recovery means the price of oil will skyrocket again, leading to an inevitable economic decline. Ask your economists about that! I'd guess they're clueless or completely in denial.

    May 27, 2009 at 11:39 pm |
  27. Roz

    I am self-employed........just barely. My business is down 75 percent. I have been a woman in construction 35 years.

    where are the stimulus dollars for the self-employed? We don't get unemployment or Cobra – we work very hard for our livings.

    Why aren't our statistics being discussed?

    May 27, 2009 at 11:38 pm |
  28. AC Stanley Swanson

    AC Stanley Swanson The big problem with the economy is that almost everything we buy is made in China, not in the U.S. I seldom hear this mentioned. Why?

    May 27, 2009 at 11:07 pm |
  29. AC Stanley Swanson

    The big problem with the economy is that almost everything we buy is made in China, not in the U.S. I seldom hear this mentioned. Why?

    May 27, 2009 at 11:04 pm |
  30. Manuel

    The U.S. economy has seen bad times and has recovered beautifully in the past, its like having a bipolar girlfriend; she has her good days and then there are those really bad couple of weeks. To be honest, there is no doubt in my mind that the economy will recover and become as great if not greater than before.

    May 27, 2009 at 11:00 pm |
  31. Arizona

    How can they say the economy is getting better if there are no jobs to be found, housing is still a mess, unemployment is higher, now the threat of North Korea and Iran?

    May 27, 2009 at 10:50 pm |
  32. Abe Fadley

    My question is The Stock market is forward looking Could these news about the economy even not very good cause the stock market to get excited and how we could have a recovery without the consumer 16 millions are unemployed and the rest is scared to spend.

    May 27, 2009 at 10:46 pm |
  33. Elizabeth from RI

    How can the end be in sight when people are still losing their jobs? When is Obama going to address the issue of these fortune 50 companies sending jobs to India, the Phillipines, etc. We need the jobs back in this country!!!!!!!!!!!!!!!!!!!!!!!!!!!

    May 27, 2009 at 10:46 pm |
  34. James

    Bush's failures dominate Obama's term for this year and probably halve of next. Will this country recover under Obama to realize the sensibility and good life of being American?

    May 27, 2009 at 10:40 pm |
  35. Chris S

    Recovery??? What recovery. No recover is going to happen unitl
    1) people get back to work
    2) real estate stabilizes
    3) we stop pissing money away on bale-outs.

    I don;t see any of the 3 happening anytime soon – at least another full year for the employment picture – at least 3 years for real estate – and is anyones guess about the bailouts.

    Aren't these the same geniuses that said we weren't in a recession over a year ago? Hello. These so called experts don't have a clue and are just dish out propaganda. Lets get with the program people.

    May 27, 2009 at 10:39 pm |
  36. Chris

    Are these the same leading economists that didn't even see this economic turmoil coming?

    May 27, 2009 at 10:37 pm |
  37. jimmy

    good question Brandon... everything is outsourcing nowadays... hw people of US get jobs...hw u r going to promise a stable economy....

    Do Outsource..but not more than 25% of your productivity.... Hw abt that ??? IBM, Microsoft, and all Co..'s should stop this and make reasonable effort in producing stable economy..

    May 27, 2009 at 10:29 pm |
  38. Zachary Scudlark

    AC Zack With our economy based around a central bank that is not regulated by any branch of government, which we are forced to pay interest to (which we can never pay back, since the bank has a monopoly on the money supply), what are some options to actually (in the far future) get the US even close to completely out of debt?

    May 27, 2009 at 10:27 pm |
  39. Nahmed

    I don't think the economy is recovering. Why the job market is not picking up? We really don't have time to think about the other parts of the world at present. US should stop the wars to recover the economy.
    I don't think the gov really think about it....

    May 27, 2009 at 10:22 pm |
  40. Terry D - CT

    I don't text. Do have a question.
    A number of economists have stated that this recovery will the a "W" recovery rather than a "V" recovery.
    What is the prediction from your panel of economists?
    Thanks - Terry

    May 27, 2009 at 6:16 pm |
  41. Brandon from Louisiana

    What would be the effects on the economy if the people of the United States started a " Made in America" revolution? If we only imported what we couldn't product in america and if we only exported what other countries can't produce in there countries. If we had another world war ll would we get uniforms and tanks from China or would we prefer to have the factories at home?

    May 27, 2009 at 6:03 pm |
  42. Isabel

    With North Korea activating a nuclear program and a possible imminent war, what the consequences for the economy, if this war occurs, even for reasons of national security and world?

    May 27, 2009 at 4:58 pm |
  43. Omar of Philadelphia

    AC Omar How could the economy recover if there are still billions of dollars going to waste to war?

    May 27, 2009 at 4:54 pm |

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