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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.