Awatmath.2111 net.jokes utzoo!decvax!watmath!mabgarstin Mon Mar 22 23:55:30 1982 Economic definitions Mild economic recession: -your neighbour gets laid off. Major economic recession: -you get laid off. Economic depression: -all the economists who work out the economy get laid off. Economic recovery: -Reagan and MacEachern get laid off! MAB at watmath!mabgarstin