"There is your proof. It is definitive, and it is simple, and because it is definitional in nature, it is not subject to doubt, reasonable or otherwise. Based on the most current information now available, the United States is not now in a recession. At worst, if it turns out that there is a decrease in GDP for the first quarter of 2008 (which has not yet ended, much less been definitively measured), and it then turns out that there is also a decrease in GDP for the second quarter of 2008 (which has not yet even begun), then we will be in a recession.
Short of that, you can talk about 'down-turns,' or you can talk about 'not meeting expectations.' But if you use the word 'recession' to mean something other than two consecutive quarters of declines in the gross national product, you're misusing that word, and you're a liar."