RECESSION POOL….Anybody want to start a pool? Here’s the bet: when NBER eventually gets around to dating the 2008 recession, when will they decide it started? My money is on December 2007.

And when will they date the end? I’d guess March 2009.

Alternatively, we’re not in a recession now and we’re not going to fall into one. What’s your guess?

Independent since 1969.

The Washington Monthly is nonprofit and reader-supported. Your tax-deductible gift pays for the reporting you just read.