The US economy will eventually get out of the recession, though not for a while.

Buffett said in September 2010 that the US was still effectively in recession. Test: whether the US economy later recovered, meaning key measures such as real GDP per capita and employment returned to their pre-recession peaks, and whether that took a substantial time ('not for a while'), using BEA and BLS data. True: a full recovery occurred after a further period of more than about a year. Mostly true: recovery occurred, but the timing detail fits loosely. Mixed: only some measures recovered. False: the economy did not recover, or fell into a deeper or renewed downturn without recovering.

Set before the research began.

1. E1 2017 Economic Report of the President - The White House Council of Economic Advisers, Executive Office of the President (U.S. government) · 2017

   “By the fourth quarter of 2013, per-capita real GDP had fully recovered to its pre-recession peak, and by the third quarter of 2016, per-capita GDP exceeded its pre-crisis peak by 4 percent.”

2. E2 2017 Economic Report of the President - The White House Council of Economic Advisers, Executive Office of the President (U.S. government) · 2017

   “Total nonfarm employment recovered to its pre-recession peak in 2014—the best year for job creation since the 1990s—and, as of November 2016, exceeded its pre-recession peak by 6.7 million jobs.”

3. E3 2017 Economic Report of the President - The White House Council of Economic Advisers, Executive Office of the President (U.S. government) · 2017

   “This rapid decline came far more quickly than most economists predicted: as recently as March 2014, private forecasters expected the unemployment rate to remain above 5.0 percent until at least 2020”

4. E4 2017 Economic Report of the President - The White House Council of Economic Advisers, Executive Office of the President (U.S. government) · 2017

   “Total nonfarm employment peaked in January 2008 before falling by 8.7 million jobs, or 6.3 percent, to its trough in February 2010;”

The Council of Economic Advisers reports that US real GDP per capita got back to its pre-recession peak by the fourth quarter of 2013 (E1). It also reports that total nonfarm employment, which peaked in January 2008, regained that peak in 2014 (E2, E4). Both recoveries came more than three years after the September 2010 statement. That fits a full recovery after a further period of more than about a year, as the criteria require.