[DoodleDawg]

The definition of recession that is most widely accepted is the one determined as “a significant decline in economic activity that is spread across the economy and lasts more than a few months.”

That's the common definition of a depression. A recession is two or more consecutive quarters of negative growth, regardless of how high or how low. We're in a recession, as the GNP figures due out this week will confirm.

[EEGator]

The idea that their wordsmithing means anything is comical.

That’s been the definition for as long as I can remember.