Perhaps you’ve heard that the official verdict is in — we’re in a recession and have been since December 2007.

That rang a bell with a regular reader of the Democrat-Gazette opinion pages, specifically a Feb. 27, 2007 column by editorial page editor Paul Greenberg on the occasion of being asked by someone or another to provide advice.

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It sounds to me like you’re looking for someone more along the lines of the New York Times’ Paul Krugman; he’s been predicting a recession for years now, and he’s bound to get it right some time. After the stock market’s Great Big Hiccup yesterday, he must be jubilant. Me, I think now’s the time to buy. The price is right.

The Dow closed at 12,216 on Feb. 27, 2007. It closed Friday at 8,829.

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UPDATE: The Dow closed down almost 700 more points today.

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