Wednesday, March 12, 2008

You Know You're In a Recession When...

There is a radio contest about it.

Officially the way we classify a recession in this country is “2 quarters of negative growth.” This is a bunch of mumbo jumbo for the fact that the economy is shrinking. Well being from the Detroit area, we have experienced “negative growth” for a couple of years now, but I truly knew we were in a recession when I was listening to a radio station the other day and they were talking about winning money off the “Recession Wheel.”

Apparently, you call in, and if you are the right caller, you get a set amount of cash as part of your “stimulus package.” Then they spin a “Recession Wheel” which lets you win additional cash. You cannot ask for more proof then that.

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