Recession is here.

A WSJ survey shows 71% of the 51 economists surveyed say the U.S. has already slid into recession.

Key forecasts: Economic growth in Q1 will be just 0.1%, adding another 0.4% in Q2; 47% think a current recession will be worse than the 2001 and 1990-91 downturns; the economy will add less than 5,000 jobs/month over the next year; home prices will fall 5.3%; Bernanke has a 59% chance of being reappointed in 2010.