Are we in a recession?

Question

This question was the headline of the following Yahoo news story.

http://finance.yahoo.com/banking-budgeting/article/105427/Uncomfortable-Answers-to-Questions-on-the-Economy

Is there any doubt? Why does the corporate controlled media continue to spin it like we actualy might not be in a rescession?

Answer 1

A thorn by another name would draw just as much blood.

Answer 2

It is an economic slowdown or downturn. Not a recession. The economy is still growing and unemployment is still low.

The anti America mass media and the leftists continue to spin it like there was a real recession.

Answer 3

I think were d**n near a depression!

Answer 4

You're only in a recession if you think you're in a recession. And I think I'm in a recession.

Answer 5

With the oil prices soaring even though the prices have dropped recently, the high price of gas that is responsible for the transportation of food, heat, to drive one self to work. With the failure of the Indy Mac bank. The financial woes of Fannie Mae federal, Freddie Mac federal who own half of the mortgages of the United States. One of the reasons that this occurred was that they loaned money to people regardless of their earning. These are signs of a recession. It is some thing that people use to say. Now it is reality.