Mr. Basner: Recession! We've all heard the word recently... It's been all over the news... But can anybody tell me what it means? Heart: Yeah, it's when your mother says "no" even more than usual.
Nailed it, Heart – gold star.
It’s a recession when your neighbors lose their jobs. And a depression when you lose yours (or your spouse does).
It means big financial companies f-ed up and the government bailed ‘em out because they’re idiots. Suck it, bush era.