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No matter what the pundits say, the historic definition of a recession is 2 consecutive quarters of negative gdp.
1 posted on 07/28/2022 12:26:46 PM PDT by xzins
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To: xzins

2 posted on 07/28/2022 12:29:50 PM PDT by Rightwing Conspiratr1
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To: xzins

That ain’t a recession. His ask branDUHn.


3 posted on 07/28/2022 12:29:55 PM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this? 😕)
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To: xzins
The historic definition of an economic recession is two quarters of negative economic growth.

History? That's racist!

4 posted on 07/28/2022 12:34:36 PM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: xzins

But in the spirit of Whoopi, apparently it’s not a ‘recession’ recession according to the ‘team’


5 posted on 07/28/2022 12:36:00 PM PDT by Oscar in Batangas (An Honors Graduate from the Don Rickles School of Personal Verbal Intercourse)
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To: xzins

Fact is that...

The recession started on Jan 21, 2021.

As soon as Biden RAISED gas prices, everything became more expensive, and with people spending more on gas and transportation and home-heating, they were spending less on many other things, and with less spending, the recession was on...

It just took a year before the economic numbers started reflecting reality of what people were going through for most of the last 1 1/2 years. And it will continue getting worse with all previous and upcoming government spending.

The only cure is for Biden to go away and for democrats to lose control of congress.


6 posted on 07/28/2022 12:36:09 PM PDT by adorno
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To: xzins

Comrades! Do not be fooled into thinking America’s best economy ever is somehow in ‘recession’.

For one thing, leading financial experts have told us that the old ‘two consecutive quarters of negative growth’ definition is outdated and doesn’t take the nuanced and wholistic view of the great ‘Biden economy’.

And for another, just today, Joseph Robinette Biden himself, a great mind and financial genius has assured the American people that it is definitely not a recession.

Do not listen to the ‘wreckers’ who would have you doubt how well we now have it.


7 posted on 07/28/2022 12:38:52 PM PDT by hanamizu
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To: xzins

Oh come on now, it ain’t no lousy recession. Right Joe?


8 posted on 07/28/2022 12:42:53 PM PDT by From The Deer Stand
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To: xzins

Expect the usual for democRAT bad news. The numbers released were as positive as they could make them. They will be revised down with little news coverage. The same as the 0bama years and the opposite of the Trump years when reported numbers were low and quietly revised up.


10 posted on 07/28/2022 12:54:23 PM PDT by MtnClimber (For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
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To: xzins

The sooner we got in, the sooner we get out. Let’s go.


11 posted on 07/28/2022 1:11:04 PM PDT by SaxxonWoods (The only way to secure your own future is to create it yourself.)
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To: Jim Robinson; Chris Robinson; Sidebar Moderator; Admin Moderator

No way this wasn’t breaking news, at a minimum, frontpage news.

The nation enters recession and FR plays like it’s mainstream media???

I’m seriously, tremendously disappointed. Those making these decisions are totally uninformed and unimaginative.


12 posted on 07/28/2022 2:56:23 PM PDT by xzins (Retired US Army chaplain. Support our troops by praying for their victory. )
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