[faithhopecharity]

we’ve been in a deep deep recession for 6 or 7 years

if the writer sees red signals, it is for an outright depression

[DB]

The shale oil boom is over. That was one of the few things pulling us up. No longer.

[oblomov]

We’ve been in and are in a depression. What’s happening now is a “secondary recession” as in 1937-38.

[Thibodeaux]

this is the Mokee dugway, a dangerous road off the Cedar Mesa. In the distance you see the precipitous 1100 foot drop to the floor below. that desert floor is the US economy till say July of 15. after the drop off in 2008, the economy has been flat as the desert floor

I use to say the desert pateau streached away as far as you could see. it now appears the plateau is once again gradually falling off.

however....... the economy has not been in depression for 6 years, it has been merely flat, a plateau

[Tallguy]

We have been in a depression since 2007. We’ve been bumping along the bottom... up a little this year, a little less the next year and so forth. But the bottom line is little-to-no growth and low “labor participation”.