Greg Mankiw's Blog: The recession began December 2007
Q: How do you know recession start from year 2007?
A: It is a quota final definition.
Q: What causes the recession?
A: Lack of definition, economic is all about definition!
Q: When this recession will be over?
A: O, we will make that definition in due to course!
Annoying update: Why are you posting new thing at below all the time? Now I have to look below all the time - expects us head standing and universal twist, boa!
From now one looking things down! I suppose a recession viewing
