Has Anyone Noticed That We Are In a RECESSION, Right Now ?

[protectionist]

After it was down the highest on record.

Sure, brought down there by DEMOCRATS.

1. Started by Obama's NIH and Fauci funding the Wuhan lab.
2. Democrat governors continuing shutdowns.
3. Pelosi refusing to allow stimulus checks to be sent out.

But the most insidious part of it, was that they were willing to impose all this hardship on the American people, just so they could make Trump look bad in an election year, and take away (they thought) his top campaign point - his good economy.

Trump trounced thm in 202 Q3 with his 35.2% GDP, Highest in US history.

 

[Deplorable Yankee]

Joe Biden can get on TV and do State of the Union speeches, and LIE & YELL at the American people all he wants, but he can't escape from the quarterly GDP reports from his own Dept. of Commerce (Bureau of Economic Analysis). which shows consecutive declines in GDP growth (aka RECESSION).

I've stopped counting how many recessions (and below zero GDPs) Biden has put us through, since his train wreck administration began. So here we are - it's recession time again, folks. Ho hum.

Lastly, don't be surprised if the 1.6 GDP report for 2024 Q1, suddenly (but not mysteriously) changes to 3.5 (enough to show non-recession). Yeah I could easily see the Bidens cooking the books again, like they did with the 2023 Q3 number which if below 2.1, would have given us 4 consecutive drops in GDP, and 3 consecutive recessions. Remember that one ? It was reported as 1.8, and suddenly (like magic) it was was a laughable 4.9

So if you see the 1.6 disappear and be replaced by some (YEAH RIGHT) high number, you'll know what happened.

United States GDP Growth Rate

The Gross Domestic Product (GDP) in the United States expanded 1.40 percent in the first quarter of 2024 over the previous quarter. This page provides the latest reported value for - United States GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and...

tradingeconomics.com

Wow I'm voting for sharp as a tack joe biden 10 times now ..

 

[protectionist]

Pro in his prime.

You on January 21, 2025.

 

[protectionist]

Wow I'm voting for sharp as a tack joe biden 10 times now ..

Deranged Democrats say that every day. Too bad there isnt something we could just spray at them, that would cure them.

 

[Deplorable Yankee]

Deranged Democrats say that every day. Too bad there isnt something we could just spray at them, that would cure them.

I got something for that

 

[otto105]

Sure, brought down there by DEMOCRATS.

1. Started by Obama's NIH and Fauci funding the Wuhan lab.
2. Democrat governors continuing shutdowns.
3. Pelosi refusing to allow stimulus checks to be sent out.

But the most insidious part of it, was that they were willing to impose all this hardship on the American people, just so they could make Trump look bad in an election year, and take away (they thought) his top campaign point - his good economy.

Trump trounced thm in 202 Q3 with his 35.2% GDP, Highest in US history.

Hilarious

So, small hands was dominated by a black man!

 

[otto105]

Deranged Democrats say that every day. Too bad there isnt something we could just spray at them, that would cure them.

Agent Orange is so 1960’s.

 

[Lesh]

You're such an idiot.

Thank you

 

[protectionist]

Hilarious

So, small hands was dominated by a black man!

That was supposed to be a comeback ?

 

[protectionist]

Agent Orange is so 1960’s.

 

[Crepitus]

Joe Biden can get on TV and do State of the Union speeches, and LIE & YELL at the American people all he wants, but he can't escape from the quarterly GDP reports from his own Dept. of Commerce (Bureau of Economic Analysis). which shows consecutive declines in GDP growth (aka RECESSION).

I've stopped counting how many recessions (and below zero GDPs) Biden has put us through, since his train wreck administration began. So here we are - it's recession time again, folks. Ho hum.

Lastly, don't be surprised if the 1.6 GDP report for 2024 Q1, suddenly (but not mysteriously) changes to 3.5 (enough to show non-recession). Yeah I could easily see the Bidens cooking the books again, like they did with the 2023 Q3 number which if below 2.1, would have given us 4 consecutive drops in GDP, and 3 consecutive recessions. Remember that one ? It was reported as 1.8, and suddenly (like magic) it was was a laughable 4.9

So if you see the 1.6 disappear and be replaced by some (YEAH RIGHT) high number, you'll know what happened.

United States GDP Growth Rate

The Gross Domestic Product (GDP) in the United States expanded 1.40 percent in the first quarter of 2024 over the previous quarter. This page provides the latest reported value for - United States GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and...

tradingeconomics.com

We are not in a recession.

 

[Toddsterpatriot]

We are not in a recession.

We could be, but the numbers that moron is pointing to aren't evidence we are.

 

[protectionist]

We are not in a recession.

That is the leftwing propaganda line. Ho hum.

EARTH TO CREPITUS: Nobody is believing it. The Shiskin definition has been the common standard for 50 years, in almost 4,000 universities around the US. You and your leftist media are not going to replace that, with your joke definition, obviously devised to cover for the many recessions of Obama and Biden, including the one we're in right now.

AND LOOK AROUND YOU. The BS is obviously not working. Nobody's being conned.

Biden’s Approval Rating Hits All-Time Low: POLL

President Joe Biden's approval rating hit an all-time low mark in a poll conducted by FiveThirtyEight.

dailycaller.com

 

[protectionist]

We are not in a recession.

Merriam Webster Dictionary Definition
Recession noun (1)
re·ces·sion ri-ˈse-shən
: the act or action of receding : WITHDRAWAL

In the Shiskin definition of economic recession, in 2 consecutive quarters, GDP growth declines > gets smaller (ie. RECEDES from the normal standard GDP amount).

In the laughable definition (Democrat concoction), there might be no receding (recession) at all. The subsequent GDP could be larger than the preceding one. You could have 0.9% and then have 0.2%. No, that is not receding away from the norm, that is going back to it.

Maybe when Democrat strategists came up with this wackadoodle definition to cover up for Obama and his 7 recessions, they overlooked that.

Merriam Webster Thesaurus Synonyms
Recession
downturn.....downtrend......downdraft.....downswing.....downbeat

Notice how all these synonyms contain the word "down" - just as GDP recedes downward in the Shiskin definition, but not necessarily in your replacement attempt.

Hopefully, you won't need to be schooled on this again.

 

[rightwinger]

Merriam Webster Dictionary Definition
Recession noun (1)
re·ces·sion ri-ˈse-shən
: the act or action of receding : WITHDRAWAL

In the Shiskin definition of economic recession, in 2 consecutive quarters, GDP growth declines > gets smaller (ie. RECEDES from the normal standard GDP amount).

In the laughable definition (Democrat concoction), there might be no receding (recession) at all. The subsequent GDP could be larger than the preceding one. You could have 0.9% and then have 0.2%. No, that is not receding away from the norm, that is going back to it.

Maybe when Democrat strategists came up with this wackadoodle definition to cover up for Obama and his 7 recessions, they overlooked that.

Merriam Webster Thesaurus Synonyms
Recession
downturn.....downtrend......downdraft.....downswing.....downbeat

Notice how all these synonyms contain the word "down" - just as GDP recedes downward in the Shiskin definition, but not necessarily in your replacement attempt.

Hopefully, you won't need to be schooled on this again.

Keep digging


You still don’t understand the definition you keep posting

A declining GDP is in Negative territory. You need two consecutive quarters of Negative GDP

Your GDP may be a lower number than the previous quarter but is still a positive increase in GDP

 

[Harpy Eagle]

In his view…..
If you have 6.0 GDP followed by 5.8 followed by 5.6 you are in a recession

he is a fucking moron

 

[Crepitus]

That is the leftwing propaganda line. Ho hum.

EARTH TO CREPITUS: Nobody is believing it. The Shiskin definition has been the common standard for 50 years, in almost 4,000 universities around the US. You and your leftist media are not going to replace that, with your joke definition, obviously devised to cover for the many recessions of Obama and Biden, including the one we're in right now.

AND LOOK AROUND YOU. The BS is obviously not working. Nobody's being conned.

Biden’s Approval Rating Hits All-Time Low: POLL

President Joe Biden's approval rating hit an all-time low mark in a poll conducted by FiveThirtyEight.

dailycaller.com

NOT.

IN.

A.

RECESSION.

Facts are facts.

 

[Crepitus]

Merriam Webster Dictionary Definition
Recession noun (1)
re·ces·sion ri-ˈse-shən
: the act or action of receding : WITHDRAWAL

In the Shiskin definition of economic recession, in 2 consecutive quarters, GDP growth declines > gets smaller (ie. RECEDES from the normal standard GDP amount).

In the laughable definition (Democrat concoction), there might be no receding (recession) at all. The subsequent GDP could be larger than the preceding one. You could have 0.9% and then have 0.2%. No, that is not receding away from the norm, that is going back to it.

Maybe when Democrat strategists came up with this wackadoodle definition to cover up for Obama and his 7 recessions, they overlooked that.

Merriam Webster Thesaurus Synonyms
Recession
downturn.....downtrend......downdraft.....downswing.....downbeat

Notice how all these synonyms contain the word "down" - just as GDP recedes downward in the Shiskin definition, but not necessarily in your replacement attempt.

Hopefully, you won't need to be schooled on this again.

STILL.

NOT.

IN.

A.

RECESSION.

 

[otto105]

It’s been replaced by convict Orange

 

[protectionist]

STILL.
NOT.
IN.
A.
RECESSION.

We are in recession
4.9
.........3.4
. ............1.3

United States GDP Growth Rate

The Gross Domestic Product (GDP) in the United States expanded 1.40 percent in the first quarter of 2024 over the previous quarter. This page provides the latest reported value for - United States GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and...

tradingeconomics.com

Your phony definitions aren't working.

Biden’s Approval Rating Hits All-Time Low: POLL

President Joe Biden's approval rating hit an all-time low mark in a poll conducted by FiveThirtyEight.

dailycaller.com

In his view…..
If you have 6.0 GDP followed by 5.8 followed by 5.6 you are in a recession

In the "view" of almost 4,000 universities all around the US, using the Shiskin definition of recession, for 50 years.