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["Lynn Wigglesworth" <lynnw1366 AT hotmail.com>]

They'll just keep changing how they measure unemployment so it never gets 
that high. That means we'll never have a depression, right? I still like the 
line: "A recession is when your neighbor loses his job. A depression is when 
you lose yours." Lots and lots of us jobless up here in the frozen north 
that aren't even included in the official numbers.

Lynn Wigglesworth
Tioga Co. PA
----- Original Message ----- 
From: "Marie McHarry" <mmcharry AT gmail.com>
To: <homestead AT lists.ibiblio.org>
Sent: Monday, March 23, 2009 1:13 PM
Subject: Re: [Homestead] Recession map


If it's over 20 percent, it's a depression, and they can call it
whatever they want.

On Mon, Mar 23, 2009 at 1:16 AM, Lynda <lurine AT com-pair.net> wrote:
> Now, Marie, obviously you didn't get the memo. The rules have been changed
> again. Just like how you count unemployment, the rules on when it is a
> depression have changed! It is only 15 months since it was officially
> declared a recession. It was changed to over 18 months. We got too close
> to that, so they've changed it to over two years.
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