Free Republic 2nd Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $79,845
98%  
Woo hoo!! And we're now over 98%!! Thank you all very much!! God bless.

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  • The Economy Just Shrank. Are We In A Recession?

    04/30/2025 7:34:39 PM PDT · by USA-FRANCE · 36 replies
    The U.S. economy contracted in the first quarter, raising the question: Are we in a recession? Economic growth, as measured by the Gross Domestic Product, has to be negative for more than one quarter for a recession, according to the National Bureau of Economic Research, the nonprofit research group that officially calls recessions. According to the NBER: "A recession involves a significant decline in economic activity that is spread across the economy and lasts more than a few months." The NBER has not yet declared a recession. The current downturn also hasn't met an unofficial definition of recession, which is...