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Can't we just say the "R" word already and be over it?

Guess what? The economy ebbs and flows. Sometimes it is good and sometimes it is not so good. Get used to it. Bernanke keeps dancing around whether we are in a recession or not, and I guess I can't blame him. I would not want my watch at the Fed starting that way either. (And I am not a Bernanke hater either.)

Assuming it is true, and election year or no, I'd rather just say the "R" word and be over with it. Why? Kevin Kingston reminded us why back in November. (In short, the last four recessions were over or almost over by the time they were announced.) And we're seeing that again. So let's just move on.