Results so far:
| Yes | 79% | 257 votes | Total: 324 votes | |
| No | 21% | 67 votes |
A bad joke once defined a recession as you not having a job, while a depression is me not having one. There is, unfortunately, a great deal of truth in this rather flip quip. ...read more
I Blame Greedy Home Loan Lenders For Frightening Recession. A way has already been here to get us out of this terrible housing collapse and frightening recession, but the hom...read more
Author's Note: This article was written in early January of 2007. Yes, the recession is here. I'm at ground zero. I've been watching a bellweather indicator drop like a baromet...read more
by Eric Ward
Far Beyond Recession Every civilization has its bad day, its last stand, and its historical fall from grace. We very well might be witnessing the fall of this country first ...read more
by Greg Slack
Most undeniably yes! I did not come to this decision through a business or financial degree, attained at some high brow institution of higher learning. Nor did I attain my enlig...read more
by Joseph Guy
Yes I believe our economy is in a small time recession. But we must not say that we are in a large scale recession. Their is jobs for those who need them, and life is going alon...read more
American economy has always been, despite some periods of crisis, the "locomotive" of the worldly economy for its very advanced industrial and services system, for the massive s...read more
by Ted Sherman
The U.S. economy isn't just in a recession. It's nosediving into a real depression! Speaker Nancy Pelosi, House Democratic leaders, and Chairman Barney Frank of the House Financ...read more
Yesterday I was talking with my brother who lives in Montana. For two days the snowdrifts were piled up against the barn door and he was unable to let his horses out. After a ...read more
Are we in a Recession? You betcha. The middle class has been in recession for twenty years while the superrich got richer by manipulating markets and government policy. Could...read more
by Umer Javed
Will this current recession be more severe and grave than that of 2001? The questions - Whether the U.S is in recession or not? Will the economy of the U.S collapse badly? Wi...read more
by Joseph Malek
As long as prices for fossil fuels remain as high as they are the majority of, "We People of the United States of America," will continue to go deeper into debt. As long as mult...read more
In January of 2008 we have arrived. We have finally reached the point where even the most optimistic forecasters are speaking the "R" word. Recession, we thought it, we feared...read more
Certainly many aspects of the U.S. economy are in recession and other parts of the U.S. economy certainly seem to be heading in that direction. No doubt the general housing mark...read more
"Here lies the United States economy, 1502-2008." This may sound silly but it mine as well be engraved over the door of the Federal Reserve and the New York Stock Exchange. Afte...read more
by Grey Lady
It seems that almost every day I hear that another major manufacturer is reducing their labor force and closing a plant somewhere and sending jobs to Mexico or other countries t...read more
I am no economist, and I don't care enough about the academics of economics to look it up. I am not good at math, so I probably couldn't understand it anyway. I have my own ...read more
America, the "Vanilla Sky" economy. Whether or not we are in a recession depends on who you talk to. If you are a consumer reeling from the loss of value in your home, no lon...read more
by John F Mann
As of July 2008, we continue to hear tortured pronouncements, typically without much factual information, about how the US is in "recession", and has been for several months. Th...read more
It is not hard to see that many in the United States are hurting. That is undeniable. With fuel prices and food prices at all-time highs, the auto and housing markets in a sever...read more
Reading newspapers and watching Television News you would think the economy is going bankrupt. It is the age-old maxim that if it bleeds it leads and hubris is good for news. Ba...read more
by T. W. Fuller
By definition, a recession is two months of negative growth in a row. We have yet to experience one month of negative growth, let alone two months in a row. Our economy is slu...read more
I had a friend tell me that he heard about a town whose welcome sign said the following about the recession: "we won't participate." Let me ask, are we really in a recession?...read more
Simple answer: No. The U.S. economy is not currently in a recession. However, it is heading that way.The stock market has taken recent plunges during the past few weeks. Some da...read more
"Is the US Economy in Recession" is a most difficult question to deal with. The correct answer is "Yes and NO!" If you talk to 10 different economic experts this date you will ...read more
by Christina A
I will start by saying that yes, the US is not doing well economically however we are not in a recession. The media, doing what the media is famous for, is taking a possibility ...read more
by Tim Grunloh
When I first saw this debate, my original thought was "of course". I thought it was almost ridiculous to contend either way. However, I thought upon this topic with the mindset ...read more
No its not there yet, because the classic definition of a Recession is three (3) consecutive quarters of negative growth and we are not there yet. However, if the economic down...read more
The real question is are we HEADING into a recession. Certainly parts of the economy already are. There are so many factors that fix into a categorical textbook "recession",...read more
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