It's Official: U.S is in Recession

Tell us something we didn't know already. The country has been in a recession since December 2007 according to the National Bureau of Economic Research.
I'm no economist (hated Econ 101 & 103) and don't need one to tell me that my wallet is getting slim and that my credit rating is hurting. No need to blame Wall Street or the Bush Administration a lot of us were irresponsible in applying for credit cards and loans (house, cars) that we couldn't afford in long terms.
Obama and his team have a lot of work waiting for them and don't expect any miracles in the next couple years.