It's official: Obama will "inherit" a recession...

Unlike George W. Bush, who claimed to have inherited a recession that began two months into his term as president, Barack Obama will actually be stepping into a steaming pile of economic dog shit...

The National Bureau of Economic Research said Monday that the U.S. has been in a recession since December 2007, making official what most Americans have already believed about the state of the economy.

Alas, the right-wingers are chomping at the bit to pronounce this the "Obama recession".

Unfortunately for them, the facts are (as they usually are) not on their side...
- posted by Brian @ 12:59 PM