Via the Wall Street Journal, it seems the National Bureau of Economic Research, the group of economists charged with deciding whether or not the country is in a recession or not, has only now decided that we are definitely in a recession. Interestingly, even though the definition of a recession is generally agreed to be two straight quarters of declining gross domestic product, the NBER have declared that our current recession began in December 2007, a full year ago. Apparently mixed employment numbers caused them to delay the official classification. But had anyone actually been hesitating calling this economic sh*t sandwich a recession over the last four months until now? For what it’s worth, President Bush said he’s “sorry” all this is happening.