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US economy contracted more than initially reported in Q1 as consumption dropped.
Yahoo Finance ^
| 06/29/2022
| Alexandra Semenova
Posted on 06/29/2022 9:05:01 AM PDT by Justa
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Drink!
1
posted on
06/29/2022 9:05:01 AM PDT
by
Justa
To: Justa
2
posted on
06/29/2022 9:08:53 AM PDT
by
Red in Blue PA
(You can vote your way into socialism, but you have to shoot your way out.)
To: Justa
When you are forced to pay so much more for gas, then you have to cut back elsewhere. People are not like the federal government who can just print more money.
3
posted on
06/29/2022 9:09:07 AM PDT
by
Blood of Tyrants
(Inside every leftist is a blood-thirsty fascist yearning to be free of current societal constraints.)
To: Justa
4
posted on
06/29/2022 9:12:26 AM PDT
by
Bayard
To: Justa
Probably a lie to fudge second quarter numbers.
5
posted on
06/29/2022 9:12:43 AM PDT
by
EEGator
To: Justa
Imagine that. Gas and bread at $5.00 and consumption drops.
6
posted on
06/29/2022 9:12:54 AM PDT
by
Rennes Templar
(Come back, President Trump.)
To: Justa
More than initially reported??? You don’t say.
To: EEGator
Probably a lie to fudge second quarter numbers.They just need to get it to +.0000000000000001% to keep the myth of no recession going.
8
posted on
06/29/2022 9:14:40 AM PDT
by
frogjerk
(I will not do business with fascists)
To: Justa
With President Trump the economy grew more than was initially reported. Under the Biden regime it contracts more than was initially reported.
To: frogjerk
I wonder if they use that accounting firm that was just fined $100 million for cheating on their ethics tests…
10
posted on
06/29/2022 9:16:10 AM PDT
by
EEGator
To: Rennes Templar
To: Rennes Templar
Just wait for those $1 eggs!
12
posted on
06/29/2022 9:23:39 AM PDT
by
ProtectOurFreedom
(Wanting to make America great isn’t an insult unless you’re trying to make it worse! ULTRAMAGA!!)
To: Justa
The Biden weight loss plan...
13
posted on
06/29/2022 9:26:19 AM PDT
by
ProtectOurFreedom
(Wanting to make America great isn’t an insult unless you’re trying to make it worse! ULTRAMAGA!!)
To: Justa
So that means Q2 is going to be worse. Two quarters of contraction equals recession.
To: Justa
Unexpected
I have family overseas and they’ve asked me “is the US going to get a recession?” and i’ve told them WE ALREADY ARE IN A RECESSION.
15
posted on
06/29/2022 9:43:54 AM PDT
by
Principled
(Biden is illegitimate and whatever he says can be ignored. )
To: Justa
16
posted on
06/29/2022 9:45:36 AM PDT
by
Caipirabob
(Communists...Socialists...Fascists & AntiFa...Democrats...Traitors... Who can tell the difference?)
To: Blood of Tyrants
I can’t? Does that mean I should stop running the printing presses in the basement? /s
“Weakness” describes Biden’s reign to date.
17
posted on
06/29/2022 9:45:46 AM PDT
by
newzjunkey
(“We Did It Joe!” -The Taliban / “Thanks Joe!” -Putin)
To: Blood of Tyrants
People are currently living on credit cards. Unlike the federal government they will eventually hit the limit. Then things get even worse
To: Justa
Remember this correction if they tell you that “the economy actually grew by 0.1% in the 2nd quarter”.
To: Red in Blue PA
Very good. The Ultra-Commie crowd thinks a recession is like a recess at school; recess is good, right?
20
posted on
06/29/2022 9:48:37 AM PDT
by
ecomcon
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