(Note, although this article was written in early 2002, it is totally relevant. Right now.)
About three weeks ago I was surprised by this headline in the morning paper:
"Fed says September 11th hurt economy."
Wow!
"What did I miss here?" Was this news? USA Today thought it was. I was shocked the Fed saw fit to announce it.
And this week, another one: "NBER Confirms Recession."
Hey, Greenspan! Get out and talk to people. All over the country people tell me that if they break even this year, they'll consider it a win. If that's not a "recession"