Any less simple definition opens the economist link to criticism based on claiming we're leaving recession. It in effect becomes entirely subjective.
Using a simplistic definition then they could very well be correct that we're coming out of it. Regardless, the economist, like ALL journalism has an editorial slant, and that slant as calibrated by US politics is absolutely "left." It's also very European in sensibility from my reading ("the US is bad, m'kay").
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