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True, it doesn't meet standard definitions, but telling me the "recession is over" when my state has a 11.2% unemployment rate, doesn't mean anything to me in real terms, because while the fall may be over, the job market is still in the basement.
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So Haplos arguement against a wide measure of a national cycle is his personal perception of a single factor at a very local level.
Thats like people arguing for or against global warming on the basis that it was hot or cold this morning where they live.