My Head. She Spins...

Good news!:

Obama tells UN leaders world has dodged depression

UNITED NATIONS – President Barack Obama is calling on world leaders to support new efforts to bring about peace in the Mideast, while declaring the global economy has been "pulled back from the brink of a depression."
[...]

Whew!

Initial claims for unemployment aid rise to 465K
WASHINGTON - The tally of newly laid-off workers requesting unemployment benefits rose last week for the first time in five weeks as the job market remains sluggish.
[...]

Huh? What?

Warren Buffett: "We're still in a recession"

NEW YORK (Reuters) - Billionaire investor Warren Buffett said the U.S. economy remains in recession, disputing this week's assessment by a leading arbiter of economic activity that the downturn ended more than a year ago

Ah. I see. We're in a recession, just not a depression.


Potaytoe : potahtoe.

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