Not much surprise here to anybody.
But in a continuation of the type of spin doublespeak common in politics lately, the White House won't use that word:
The White House commented on the news that a second downturn has officially begun on President George W. Bush's watch without ever actually using the word "recession," a term the president and his aides have repeatedly avoided. Instead, spokesman Tony Fratto remarked upon the fact that NBER "determines the start and end dates of business cycles."
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