Don't forget we are what I would call a well-informed, concerned minority. We are still at the twilight stage where public perception of this slow-motion crisis can be summed up by the title of this article:

CNN: Recession? What recession?

But, but...

Have you lost your job, your business or your home? Are you raiding retirement accounts to pay the bills? We want to hear from you. Tell us how you're being affected by the weakening economy and you could be profiled in an upcoming story. Send emails to realstories@cnnmoney.com

When more and more people will answer yes, and yes, then it will be plain that we are several months into a recession.

You're clearly a dangerous pinko commie pragmatist.