Yes, my 'statistics' were implied. I've always seen HN as a place where people can write their opinions even if they're not backed by official statistics. This

Yes, my 'statistics' were implied. I've always seen HN as a place where people can write their opinions even if they're not backed by official statistics. This is not the St. Louis FED website. My opinion is that recessions are worse than people expect because if they weren't people would see right through them and keep the money flowing (spending/investing). > I disagree with your implied statistics and sloppy use of words. No problem if you disagree, it would be nice if you elaborate your point though. What exactly do you expect from a recession? What does your data say? I'd also like to point out that Economics is not really an exact science, even with a ton of data at hand the predictions that economists make are wrong quite often. Specially during the past 2-3 years predictions have been quite bad - fiscal/monetary stimulus doesn't add much to inflation, if it does it will be transitory etc. That's one of the reasons we're in this mess.