Nitwit Award of the Week-11-25-08

The first Nitwit Award goes to the NPR commenter who said the we might be in a recession. What planet has he been living on? For most Americans living in the United States, they already have been living in a recession for several months, if not over a year, at this point in time. Maybe for those earning many tens or hundreds of thousands of dollars, they might now be entering a recession. But for most Americans, they have already been living in one.