[Erik Latranyi]

We’re in a recession right now, I don’t care what puny-positive number comes out on Friday, it will no doubt be adjusted down in the weeks following, just like last quarter.

The GDP number does not come out until July 29.

But I agree they might fudge it to prevent the R word.

[Brian Griffin]

The GDP is a highly fudged thing.

The federal government pays for much of the rent on a very large percentage of rental housing units.

Governments for health coverage providers to buy overpriced drugs.

Hospitals have been given local monopolies.

Governments keep professional service costs high.

[Bshaw]

No need to wait to the end of July, the data are available now: Welcome to Biden’s recession!

https://www.cnbc.com/2022/07/01/atlanta-fed-gdp-tracker-shows-the-us-economy-is-likely-in-a-recession.html