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: post by brian_dc at 2009-10-21 10:55:20
Yeah, that's actually an old joke Economists make all the time.

A recession is when your neighbor loses his job.

A depression is when you lose your job.

I give Biden credit for not caring about the media consequences for the things he says.

Not a depression yet, you need a few more years of this stuff under our belts. Since parts of the economy actually are recovering, we won't make it there.
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