Recession: Only took them a year to admit it.

[john]

Yea, I think they were/are worried that saying it will make the economy worse. For example a business may not hire that extra worker as they are not sure if sales will continue to grow.

It will be interesting to see what the new campain is going to do about this. I feel we are in a better situation now with Obama than McCain but how much can one person change our economy??? I hope it will get back on track soon but don't expect much to happen until 2010 or so when I believe the housing market to turn around.