Well, it’s official.

The United States is in a recession.

Most of us had already figured that out, of course. We saw our dollars buying less and less and prices climbing higher and higher. Despite the crowing of conservative talk radio commentators and die-hard Bush boosters who insisted—in those days when the stock market still topped 10,000—that the economy was booming and all was well, most of us knew that for ordinary Americans things like the Dow and the S&P mean next to nothing. Nor do those countless other economic indicators we see talked about on TV or read abo...

Log-In to view full story or view our Registration Guide.