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US economy shrank by 1.4% as inflation takes toll on GDP.
NY Post ^ | 4.28.2022 | Ariel Zilber

Posted on 04/28/2022 9:19:37 AM PDT by Carriage Hill

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To: carriage_hill

So what happened? High inflation but our economy went down?


21 posted on 04/28/2022 10:06:02 AM PDT by MinorityRepublican
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To: KarlInOhio

Thanks for answering my question in # 21.


22 posted on 04/28/2022 10:06:32 AM PDT by MinorityRepublican
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To: Vaduz
“It's the Economy Stupid”.
We can thank Joey Xi Bai Dung and his decisions.
23 posted on 04/28/2022 10:08:04 AM PDT by Doc91678 (Doc91678)
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To: frogjerk

I believe the arbitrary “rule” is two consecutive quarters of contraction, to rule out outliers.


24 posted on 04/28/2022 10:08:50 AM PDT by fwdude (Every time I see someone voluntarily masked in public, I know I'm looking at a vaccinated person.)
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To: MinorityRepublican
So what happened?

BIDEN

25 posted on 04/28/2022 10:22:16 AM PDT by Freedumb
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To: fwdude

Our 2nd quarter could tank like it was 2Q 1932, but there is no way the govt/deep state will allow those numbers to be published.


26 posted on 04/28/2022 10:47:14 AM PDT by xkaydet65 ( )
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To: carriage_hill

988 days to go, FRiends! Nine Hundred and Eighty-Eight!

And every DAY a new way to hobble Americans from our Commie pals in the White House. *SPIT*


27 posted on 04/28/2022 11:07:59 AM PDT by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set. )
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To: carriage_hill

We are headed into a recession. They were expecting 1.1% growth so this number represents a 2.5% turnaround.


28 posted on 04/28/2022 11:08:28 AM PDT by Brilliant
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To: FlipWilson
Has the U.S. economy really shrunk in early 2022? Is a recession near? No. Here’s why.

The metrics are reliable, until they look bad for our guy...

29 posted on 04/28/2022 2:03:40 PM PDT by fhayek
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To: ClearCase_guy

It’s called stagflation.

We had it in the 70’s. Japan had it for about 20 years if my memory serves.

It’s a real s**t sandwich. Not politically survivable…unless you can cheat.


30 posted on 04/28/2022 2:15:20 PM PDT by Scott from the Left Coast (Make Orwell Fiction Again)
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To: Scott from the Left Coast

Amazing what 2 years of Democrats can do.


31 posted on 04/28/2022 3:02:55 PM PDT by Sam Gamgee
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To: SmokingJoe

Despite what Putler’s fanbase thinks, this isn’t anything to do with Russia. It’s fully due to the Leftist policies of Joe and his handlers.


32 posted on 04/28/2022 3:30:51 PM PDT by Vaden (CAUTION: Defending Putin=Defending Hitler=MAGA Destruction)
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To: Brilliant

So true.
The fall won’t kill us; but the sudden stop at the end, will.


33 posted on 04/28/2022 4:04:05 PM PDT by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: Diana in Wisconsin

“...our Commie pals in the White House. *SPIT*”

Ditto!


34 posted on 04/28/2022 4:04:56 PM PDT by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: Sam Gamgee

Just 15 months!


35 posted on 04/28/2022 4:05:02 PM PDT by Scott from the Left Coast (Make Orwell Fiction Again)
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To: MinorityRepublican

Trump’s fault!


36 posted on 04/28/2022 4:05:25 PM PDT by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: cranked

I don’t remember a negative growth number, recently.
Do you remember the last time we had one?


37 posted on 04/28/2022 4:06:27 PM PDT by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: Tai_Chung

Me too.


38 posted on 04/28/2022 4:08:25 PM PDT by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: Flick Lives

I love a good dumpster fire.


39 posted on 04/28/2022 4:09:04 PM PDT by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: carriage_hill

Some time in 2020 according to Maria.


40 posted on 04/28/2022 4:11:50 PM PDT by cranked
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