AKA_AAP
07-25-2022, 01:48 PM
...so they can lie to the American people, but at least it gives the LowIQoffthecourt's and AlwaysWrongBladefd's more radical left wing propganda! How many definitions have been changed since Racist joe biden was installed? :oldlol:
https://www.whitehouse.gov/cea/written-materials/2022/07/21/how-do-economists-determine-whether-the-economy-is-in-a-recession/
What is a recession? While some maintain that two consecutive quarters of falling real GDP constitute a recession, that is neither the official definition nor the way economists evaluate the state of the business cycle. Instead, both official determinations of recessions and economists’ assessment of economic activity are based on a holistic look at the data—including the labor market, consumer and business spending, industrial production, and incomes. Based on these data, it is unlikely that the decline in GDP in the first quarter of this year—even if followed by another GDP decline in the second quarter—indicates a recession.
:oldlol:
Anyway, this country needs a recession and who better to lead us towards a deep recession than Racist Russian Puppet joe-cession biden? It's time to stop kicking the can down the road; the country as a whole needs to feel the pain. And for the real hustlers, let's just sit back and be entertained on the hurt it's going to put on FascistRRR3, msnbcLegend32, RacistJasper, AlwaysWrongBladefd, LowIQoffthecourt, and MorbidlyObeseAxe. :pimp:
https://www.whitehouse.gov/cea/written-materials/2022/07/21/how-do-economists-determine-whether-the-economy-is-in-a-recession/
What is a recession? While some maintain that two consecutive quarters of falling real GDP constitute a recession, that is neither the official definition nor the way economists evaluate the state of the business cycle. Instead, both official determinations of recessions and economists’ assessment of economic activity are based on a holistic look at the data—including the labor market, consumer and business spending, industrial production, and incomes. Based on these data, it is unlikely that the decline in GDP in the first quarter of this year—even if followed by another GDP decline in the second quarter—indicates a recession.
:oldlol:
Anyway, this country needs a recession and who better to lead us towards a deep recession than Racist Russian Puppet joe-cession biden? It's time to stop kicking the can down the road; the country as a whole needs to feel the pain. And for the real hustlers, let's just sit back and be entertained on the hurt it's going to put on FascistRRR3, msnbcLegend32, RacistJasper, AlwaysWrongBladefd, LowIQoffthecourt, and MorbidlyObeseAxe. :pimp: