A recession is when your neighbor loses their job.
A depression is when you lose yours.
Recovery starts when ObaMao loses his.
Government is a cancer that won’t stop growing. It will take a massive failure of the economy or an enthusiastic electorate to slow govt growth. The ‘private sector’ is that which doesn’t consuming tax dollars with impunity. There are no checks or balances on government growth. Five or ten years of republican led congress didn’t help in the 1990’s and won’t make a difference now. Duck and cover.