Toddsterpatriot
Diamond Member
- May 3, 2011
- 102,088
- 36,131
Yes only bought off High School grad GOP pundits are reliable LOL... So when the GDP was at -0.1 % for all of 1991, how do you explain that? does that make it a depression. You're damn straight it does Super dupe.So Wikipedia and most other non propaganda sources say 1989 was a Depression. Where is my apology?Shove it up your ass you stupid dupe. I make mistakes but I'm no liar. I don't believe you're a liar either just ignorant and brainwashed. That makes you a hater dupe. I don't hate you most of my friends are dupes. My area voted 73% Trump.In the United States the National Bureau of Economic Research determines contractions and expansions in the business cycle, but does not declare depressions.[1] Generally, periods labeled depressions are marked by a substantial and sustained shortfall of the ability to purchase goods relative to the amount that could be produced using current resources and technology (potential output).[2] Another proposed definition of depression includes two general rules:[3][4]
Depression (economics) - Wikipedia
- a decline in real GDP exceeding 10%, or
- a recession lasting 2 or more years.
He is so dishonest, we catch him in lie after lie after lie and he still pretends he is a man of good character. He fits in well with the other liars in the Democratic Party.
LOL! Wikipedia is a reliable source? Anyone can add to Wiki, dupe!
The History of Recessions In The United States
A Review Of Past Recessions
13 Of The Worst Recessions / Depressions In US History
11 Recessions Since the Great Depression
All the above articles refer to the 90-91 recession as caused by the S&L Crisis. You know the S&L Crisis that created the Keating Five Hearings of the five Senators that were accused of using their power to help a certain S&L out. Hmmm....four out of the five Senators were Democrats, pretty interesting how you blame Republicans.
What other reliable source shows the United States was in a depression in 1989? The articles I read say recession and show that the last United States depression was in 30's. So no apology until you give a reliable source and Wiki is laughable as a reliable source. Nice try hater dupe.
U.S. - GDP growth by year 1990-2016 | Statista
So when the GDP was at -0.1 % for all of 1991, how do you explain that? does that make it a depression. You're damn straight it does
Hey Toro check out the new definition of a Depression.