Double Dip Recession

Right now, people are claiming the budget deal will cut GDP 0.4% or more.  I would think that as the economy is already slowing down, GDP predictions have been wildly optimistic, Europe is a basket case and state budget cuts are just starting to kick in, we'll be looking at a double dip recession starting this fall.  Welcome to the Not-So-Great Depression.  We're less than 4 years in, but it will be a long time before things get better.  Deleveraging is a bitch.