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WASHINGTON - President Bush said Thursday the country is not recession-bound and, despite expressing concern about slowing economic growth, rejected for now any additional stimulus efforts. "We acted robustly," he said.
http://news.yahoo.com/s/ap/20080228/ap_on_go_pr_wh/bush

Bush is wrong about everything all the time. So we must indeed be in a recession.

"We acted robustly"! :yh_rotfl

Stocks Dive on New Signs of Economic Chill

Stocks were sharply lower on Wall Street on Friday after a painful dose of weak economic data reignited fears that a recession may be imminent. A new round of woes in the financial industry also contributed to the sell-off.
http://www.nytimes.com/2008/02/29/busin ... ref=slogin

Short!

Like the old saying goes: It's a "recession" when you get laid off, and a "depression" when I get laid off! :wah: