So did you?

So, how many of you went and actually read this article? I realize it was 7 pages and may have taken a half hour.  It will make you think twice…

The Official Bush Recession

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The NBER has confirmed what many financial types have been presuming is true for awhile — the current recession started in December 2007. From the Determination of the December 2007 Peak in Economic Activity:

The Business Cycle Dating Committee of the National Bureau of Economic Research met by conference call on Friday, November 28. The committee maintains a chronology of the beginning and ending dates (months and quarters) of U.S. recessions. The committee determined that a peak in economic activity occurred in the U.S. economy in December 2007. The peak marks the end of the expansion that began in November 2001 and the beginning of a recession. The expansion lasted 73 months; the previous expansion of the 1990s lasted 120 months….