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We are in a depression and we have been and all of the lies and lying charts prove nothing but those that rule with an iron fist are scared of the truth... they are destroyed... they just do not know it yet.

I see Freepers say this a lot...and while a agree with the sentiment...does it really match the facts of the situation?

Now I know there are different definitions...but the most common definition of a recession is two down quarters of GDP. Others have different definition.

Now...I know we are headed for a double dip...but I don't think we are technically there yet. Do you have any real data to suggest the governments figures of 1.5% GDP growth is false and actually much lower?

I ask this because while it may "feel" like a depression...and it certainly is depressed for those out of work...we are not libtards and deal with FACTS...not feelings. If we are not prepared to say NO...it's NOT 1.5% growth...it's -1.5% and for the second straight quarter...AND HERE ARE THE FACTS THAT PROVE IT...then we are no different than a liberal who argues from their heart...not their brain.

Now...if there are data to actually prove a recession...are there data to prove a depression? If so...where and by who's definition? Generally its a GDP of -10% or 2 years -GDP growth (I think...? Correct me if wrong). So...are data available to prove we have had absolutely NO positive quarters in GDP over the last 2 years? If so...please provide it. Otherwise...we are not in a depression. We may be HEADED that way (and are probably headed for a cliff...not a depression...which is why we are preppers)...but I don't think we are technically there yet.

Now I know there are different definitions...but the most common definition of a recession is two down quarters of GDP.

The media stopped using that standard when Bush was in office. Then it was the worst economy in (______)you fill in the blank, years with a positive growth rate.

Secondly, GDP includes government outlays, which this administration has massively increased, yet don't really measure economic strength.

Without the massive government outlays, the GDP doesn't look so good.,GDP is meaningless unless it is adjusted for inflation. Taking inflation into account, the GDP looks even worse.

Taking alone, that one figure (GDP) tells little about economic activity. It is but one factor in the whole picture and can easily be manipulated by government outlays to make the economy appear healthier than it is.

There are some real indicators that point to a very poor economy (joblessness, foreclosures, defaults, disposable income, under employment). All of these point to a severe continuing recession.

Logical argument but... you are basing all of your data on lying government drones that put out information that is false and for purely political reasons. Do you believe we really have only 9.1% of the work force out of work? If you take out all of the government spending and QE I and II... do you really think we have a growing gdp? No, we are in a depression and business people know it. Those are the facts... not pretty... not encouraging... and I am not even certain that our economy can be saved as it is.

66.7 Trillion in unfunded mandates in the form of IOU’s... representing money that was stolen in the past and spent foolishly... and 15 Trillion in deficit debt... and that is higher that the gross gdp of Planet Earth. Truly we are screwed... and saying we are in a double dip is another leftist lie (not you but the lie started on the left)... you can't dip twice if your baseline is ever falling.

LLS