Traveling, Plus Recession Metaphor Troubles …

In case folks haven’t noticed, posting is light here as I’m traveling.

Unrelatedly, I’m troubled by how people are messing around on the “this is the worst economic downturn since …” game. First it was the worst recession since 1980-82, and then it was the worst in thirty years, and now it’s the worst since World War II.

Trouble is, there was no recession during World War II, and the immediately preceding recession was the Great Depression. Has this just become a convenient way for people to avoid saying the painfully obvious, that this is the worst economic downturn in the U.S. since the Depression? I understand the instinctive unwillingness to use the “D” word, but playing semantic framing games is paternalistic and wrong.

Related posts:

  1. So, the Recession Has You Down? Great, That’s Bullish!
  2. Preparing for the U.S. Recession
  3. NBER Recession Watch Contest
  4. Recession/Stagflation Watch
  5. Markets Discover Recession. Act Surprised.