Are we in a recession or not?

The unemployment rate is high, the dollar is low, people are losing their homes, gas is likely to hit $4 a gallon. What the hell is going on?

No one wants to admit that we are in a recession. Fearing that by admitting it that the economy will somehow get worse. Here is an idea: what about admitting that we are in a recession and lets start talking about what we are going to do to get out of it?