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Neil wrote: (A) Whether there is a recession or not is an arbitrary value judgment based upon arbitrarily-chosen statistics. Think I'm kidding? See the subjective words & magic numbers used in official definitions, which vary according to source...... (B) I am amazed that I have to repeat this in a Christian forum.
(A) There is no recession in Tucson. But for the rest of the world....
Recession ~ "Economics . a period of an economic contraction, sometimes limited in scope or duration. Compare depression" Source = A Dictionary!
(B) However there is a Christian recession which has been going on for the last five decades or so.