Gregory Morrow wrote:

> That's one of the reasons why all the media - fueled hysteria about "the
> recession" is just that: media - fueled hysteria. 95% of this "recession"
> is simply a media invention...people are not only ignorant about math, but
> most lack a modicum of common sense.

From what I learned a recession means, and it does have certain
parameters it has to meet to qualify, and we're not there.
I can't help but think of Franklin Roosevelt's quote- "The only thing we
have to fear, is fear itself."
I think the media has fed into this mood, which in turn alarms people so
they start believing and acting as if there is an actual recession and
it snowballs into something bigger than ever.
I also believe we've had a run of bad events which have caused problems
(weather, terrorism, etc) that are NOT political plots or failings. They
just *are* and we need to put our big girl panties on and deal...not whine.
People have forgotten, or are too young to remember, that things are
often cyclical and we've been through all this before. We're spoiled and
have lost perspective.

IMO, of course.