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recession.” No matter how many millions of jobs are lost, how much debt our country accrues, or how many years the stagnation drags on, it’s not a depression until the dogmatic media officially declares it to be a depression. It’s as if they believe by repeatedly printing or saying economists are afraid the economy will slip back into a recession, they’ll fool the masses of unemployed or underemployed into believing that not only are we not in a depression, but we aren’t even in a recession. I’m sure the millions of unemployed, freshly graduated college kids who have thousands of dollars of unshakable debt to pay off feel comforted by the empty repetition.

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