>From the article,

http://www.washingtonpost.com/wp-dyn/articles/A30194-2002Oct1.html

The rhetoric of recessions is usually, though not always, worse than the
reality of recessions. Since World War II, recessions -- signifying falling
production and rising unemployment -- have become less frequent and milder.
>From 1946 to 1998, the economy has spent about 15 percent of its time in
recession, reports economist J. Bradford DeLong of the University of
California at Berkeley. From 1901 to 1930 the comparable figure was 30
percent.

Its' kinda fun to find stuff like this,
Matthew Bos

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