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You're not reading things correctly. A recession is formally defined by the economics community as two consecutive quarters of negative GDP. (But since we change things all the time these days in America to suit our whims, you could say we're in a recession. Why not? Reporters do all the time. Too bad they didn't have to pass their other classes, or their instructors didn't know the answers, either.)
Sep 07 11:58 am
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