[RipSawyer]

“Only if you make up your own definition for the word.”
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I define a depression as a falling average standard of living and by that definition we are in one and it is deepening as far as I can see. I disregard the official figures and propaganda, the only thing that matters to me is what I see happening.

[thackney]

I define a depression as a falling average standard of living

You have your own definition then.

recession - identified by a fall in GDP in two successive quarters

depression - a decline in real GDP exceeding 10%, or
a recession lasting 2 or more years.

[SkyPilot]

The current US Depression (and yes I too believe we are in one) has been masked by EBT and debt.