Monday, December 01, 2008

Frugalista, part deux

It's official now... yep, we are in a recession.

In fact, this whole past year has been in recession, which is what makes it a recession. Confused? It's all there in "Determination of the December 2007 Peak in Economic Activity," the official report from the National Bureau of Economic Research.

All the politicians, pundits and naysayers can now stop trying to avoid saying the "R" word. Now it's time for the "S" word. Stimulus package, anyone?

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