(cough) (cough) warming up for my "I told you so" speech...

Recession redux? Commentary: NBER may put too much weight on payrolls By Dr. Irwin Kellner, CBS MarketWatch.com

NEW YORK (CBS.MW) -- Here's a splash of cold water: The National Bureau of Economic Research, the widely acknowledged umpire of the business cycle, has just said that the U.S. may still be in the recession that began nearly two years ago

Either that, or we may have double-dipped into a new recession.