Quote:
Originally Posted by TheCoolinator
[b]
Are we in a prolonged recession? If so (2008-2010) then we are officially in a Depression. Acknowledge reality.
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You write that a recession is a significant decline in activity spread across the economy lasting longer than a few months. You then write that this recession has been going on for more than a few months. In order to be a recession, the decline must last more than a few months. We are in a recession by your definition and your posts, and you obviously have no knowledge of what things were like in the '30s. You really need to get some help with analytical thinking.