In Main Street turns against Wall Street, Fortune’s Nina Easton argues that the help the federal government has given to Wall Street, and the $700 billion bailout Treasury Secretary Hank Paulson has proposed, has the potential to unleash “a new era of class fury that could hurt U.S. companies, business leaders, and wealthy investors for years.” Do you think that’s true?

Geoff Colvin argues, in his Value Driven column in the Sept. 29 issue of Fortune, that, despite what Americans may be feeling about the state of the U.S. economy, we are not in a recession – at least as of midsummer. In fact, writes Colvin, the U.S. economy is expected to post growth, albeit meager, for the full year.

What do you think? Have we been in a recession since before the middle of summer or are we in one now after the latest crisis on Wall Street, including the bailout of Fannie Mae (FNM) and Freddie Mac (FRE), the collapse of Lehman Brothers and the rescue of insurance giant AIG (AIG)? Or are you an optimist, believing that we’ll manage to avoid a recession altogether? Tell us what you think – and why.