Quote:
Originally Posted by Jolly Rancher  Main Entry: 1re·ces·sion
Pronunciation: \ri-ˈse-shən\
Function: noun
Date: circa 1652
1 : the act or action of receding : withdrawal
2 : a departing procession (as of clergy and choir at the end of a church service)
3 : a period of reduced economic activity — re·ces·sion·ary \-shə-ˌner-ē\ adjective |
That may be what the dictionary says, but real economist's say we aren't in a recession and in fact we are starting to pick up steam, the dollar has gained again and oil has dropped again from its peak of 120 to 112 based on those gains.