This is pure crap. A recession has always been defined as a negative GDP for two or more consecutive quarters.
You know it,I know it-the media/libs lie again.
Exactly. That’s why over the last several months despite gloom and doom media at least some pundits were saying it has not met the criteria for recession. I firmly believe this is specifically designed to help Obama by saying how bad things are and for how long they have been bad.