To the Editor:
Re “Bernanke Says Growth Is Returning” (Business Day, Sept. 16):
Ben Bernanke, the Federal Reserve chairman, says that the recession is “very likely” over and that it may be months before unemployment starts to drop. That’s like saying the cancer is cured when the patient dies.
Let’s define “recession” so it means something real.
Richard Leiter
San Rafael, Calif., Sept. 16, 2009