[Ancesthntr]

Minor quibble: the definition of a recession is 2 consecutive quarters of negative growth.

We are not officially there, but the economy is not growing quickly enough to create enough jobs to keep the unemployment rate stable.

Oh, and that’s if you actually believe the government stats...and I will bet that the 2Q figure is revised downward just after the election, perhaps to show negative growth.

[atc23]

But the unemployment rate is less than 5%!!

/s (really?)

[eyeamok]

Minor quibble: the definition of a recession is 2 consecutive quarters of negative growth.

We are not officially there”

If you subtract out the GOVERNMENT DEFICIT SPENDING included in every GDP accounting, we have been NEGATIVE FOR OVER 30 YEARS!!