It has become an article of faith, even among those who really should know better, that we have been in a recession and continue to be in one. A main cause of the confusion is an organization known as The National Bureau of Economic Research (nber.org). This group seems to have appropriated to itself the right to declare the beginning and the end of a recession. This supposedly nonpartisan economic research group has a membership boasting of 12 of 31 past Nobel Prize winners in economics and over 600 university researchers, headquarter in Cambridge, MA (no surprise there), and branches...