You Say Recession, I Say Depression...

It wasn't until very recently, that the (U.S.) government admitted that we are in a "recession." Of course, the Bush/Cheney administration admitted to almost nothing...

Cheney/Bush

Now, suddenly (perhaps because of Barack Obama), the word is that we are in a depression, and things are much worse than "we" thought.

Barack Obama

My friend Dave, has come up with a new, far more descriptive term for what the economy is now experiencing.
He calls it the "Economic Butt."

Dave