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Sen. Mary Lazich: Recession's end is still bad news
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The conventional wisdom among the mainstream media and economists is that the recession is over. Technically, the recession isn't over until the National Bureau of Economic Research makes the official declaration.The depth of the current recession that began during December 2007 has reached historic proportions. Now lasting for almost 24 months, the recession is the longest since World War II, according to Dennis Winters of the Office of Economic Advisors in the Wisconsin Department of Workforce Development (DWD).Winters reports the average recession length since 1945 has been 10 months.