Funny how we can mannipulate words. "Depends upon what the meaning of "is" is. "
Like the use of the words "Assult Rifle", Recession can be truely manipulated to mean more than it appears. In government, prior to Mr. Clinton and the boys, Recession was a negative growth period in the economy. In the past 20 years, since we lost good ole Jimmy Carter, we have not had negative growth. But, now, looking at the actual definition of Recession, it does fit. It is a down turn in the economy, not negative growth. Guess we are stuck with this meaning now. But it would seem silly to consider that in an economy that could produce 6% growth annually, a 4% growth year could then be considered a Recession.
Get out those semi-automatic "Assult Rifles". You may need them to ward off all the poor now that the economy is on a down turn. [img]graemlins/evilgrin.gif[/img]