[lookout123]

ok, again. the definition of a recession is at least two successive quarters of decrease, therefore you can't know if you are in a recession until you are at least 6 months in. I am not saying we are in one right now, i'm just trying to remind people that we could be 2 months into it already but we'd still be saying "when is it going to come? what's going to happen?"

recessions are a necessary and inevitable part of the economic cycle. they are not the result of some mistake on the part of business or government. recessions MUST happen. and the bigger reality is that unless you are one of the unfortunate ones who's job is on the line during a recessionary period, recessions aren't devastating to the average american. it is just one more thing to talk about on the evening news that will get you wound up and give you something to bitch about with your friends.