The "Great Recession" is the name that began for the economic decline that has set the end of 2007. But there is a reason to believe that the word recession to be friendly. The "Great Recession" is the name that began for the economic decline that has set the end of 2007. But there is a reason to believe that the word recession to be friendly. The U.S. gross domestic product by 3.9 percent last year shrunk, the worst decline since the Great Depression. Many observers are readyto say that this recession much deeper than anything we've seen since the 1930s - including the big jump in the early 1980s, the generally accepted than the other candidates for the worst recession since the Great Depression. "I think it's much worse today," said Ridgely Evers of Tapit Partners, a longtime entrepreneur and venture capitalist who founded the software company Netbooks (now known as the Working Point). In the recession of 1981 and 1982, people recognized it as a dip. [Today thinks] No oneWe will come back in a relatively short time. "This recession appears to have dragged on longer. Began, according to the National Bureau of Economic Research (NBER), was the U.S. economy into a recession from July 1981 to November 1982 - 16 months. But the current recession in December 2007, says the NBER, making it even longer than his last major. [see why the housing rebound could take 20 years.] The NBER defines a "recession" on the all-inclusive gross-basis GDP Figure…

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