Recession Edit Meaning

1.

Recession is the decline in a country's gross domestic product (GDP), or negative real economic growth, for two or more successive quarters of a year. The term recession, however, has been utilized in recent decades by politicians to distort the economic outlook and reframe in more positive terms rather than have to address the looming economic depression.

Ralph: Dude, the feds just lowered interest rates and backed a takeover of a large investment bank after acknowledging that we might be in a recession.

Ted: This recession's been going on since Bush took over. How long until we call it an economic depression?

See depression, recession, economy, gdp, economic depression

2.

Adjective. Used to describe anything stingy or lacking.

Look at this recession biscuit. It's only got three chocolate chips.

See recession, biscuit, stingy, lacking, depression

3.

the cause of everything bad in ireland..caused by many a thing i.e God, global warming, and the government

aveen:jeez whats with this weather?

claire:its that damned recession

aveen:why is this stool wobbly?

claire: damn recession!

See recession, blame, weather, ireland, money

4.

Two successive quarterly declines in GDP

Ronald Reagan: Recession is when your neighbor loses his job. Depressionis when you lose yours. And recovery is when Jimmy Carterloses his.

See depression, bailout, moral, hazard, unemployment

5.

1) the term that people use for a depression when they are trying to avoid the fact that it actually is a depression

2) when the economy sucks relly bad and you can't find a job because old people are working

My mom had to trade in her Mercedes for a stupid Geo because of the recession.

See economy, depression, unemployment, denial

6.

a solid collection of prehistoric ingredients referring to the colossal time trap between the 18th and 19th centuries with a dash of tapioca pudding

You better pick up that recession over there by that turtle or else you will get pregnant and die.

See recession, turtle, pudding, prehistoric, tapioca