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
Fat rich people telling poor hungry people they need to lose weight.
Adjective. Used to describe anything stingy or lacking.
Look at this recession biscuit. It's only got three chocolate chips.
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.
An excuse for people not to pay debts they owe.
ME: Yo! men its been 5months and you ain't paid the $50 bucks you owe me.
Buddy: Its the recession pal. I can't even earn me a dime.
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!