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The recession we had to have

pringle@dec08.cs.monash.edu.au (Glen Pringle)
Monash University, Australia

(chuckle)

Heard on "60 Minutes" 31 March: (from a National Party Senator in Queensland whose name escapes me now)

The definition of recession is when your neighbour loses his job.

The definition of depression is when you lose your job.

The definition of recovery is when Paul Keating loses his job.

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