"What, then, will the next stage of the downturn be about? It is likely to revolve around the worst slump in worker pay since — you knew this was coming — the Great Depression. This slump won’t be anywhere near as bad as the one during the Depression, but it also won’t be like anything the country has experienced in a long time." ON a slightly diff note. Why do Govt officials refrain from using the term "recession?" I wonder what the reason behind their reluctance to use that term comes from? - kamla bhatt from Bookmarklet