Folks, I’m going to go ahead and call it, even though no one else seems to be willing to do so. We’re officially in a recession.

The National Bureau of Economic Research defines a recession as:

A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

Let’s take a look at some of the leading indicators, shall we?
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Sensationalist title, I know. But apparently it’s true.

The Economist cites a study by Dr. Daniel Hamermesh of the University of Texas:

The accumulating evidence suggests that physical characteristics do give clues about intelligence, that such clues are picked up by other people, and that these clues are also associated with beauty. And other work also suggests that this really does matter…. [Dr Hamermesh] has collected evidence from more than one continent that beauty really is associated with success—at least, with financial success. He has also shown that, if all else is equal, it might be a perfectly legitimate business strategy to hire the more beautiful candidate.

Even more unfairly, Dr Hamermesh found evidence that beautiful people may bring more revenue to their employers than the less-favored do.

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