Worst of Recession Over?

I <3 Barack Obama, but I think this may be a little premature:

Evidence is piling up that the worst part of the recession has ended...

A better-than-expected unemployment report Friday - job losses declined to the lowest level in six months - capped a week of encouraging news, including firmer home sales, a revival in consumer spending and fresh optimism about the biggest U.S. banks.

If the worst of the recession is over, than Obama did a f*cking amazing job. I'm inclined to believe it is not ending yet - and that's okay, because it was not supposed to start ending this quickly. But even the belief that it might be on its downturn already is an encouraging sign.