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That definition has been recently revised since Biden's Bill was announced, moron.wiki- In the United States, a recession is defined by the National Bureau of Economic Research (NBER) as "a significant decline in economic activity spread across the market, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales".[6]
Like I said, it lists business cycles, not recessions.LOL
Holyfuckingshit!
Fucking moron, a contraction starting at the peak of a business cycle, through the end at the trough, IS a recession.
So does my 12-year-old niece.The NBER declares recessions.
I doubt it. Link?That definition has been recently revised since Biden's Bill was announced, moron.
Note: the NBER is not a government agency. It's a privately run leftwing propaganda organ.
What "highly respected organization?" Wikipedia? The FBI? Neither are respected. They are both rightly viewed as corrupt and dishonest. The FBI is a serious threat to our freedom.I doubt it. Link?
Very highly respected organization it is only having a reputation problem now because of the brainwash lies you people believe. Like the FBI the CIA the government public servants judges courts schools colleges sorry about reality ....poor America
Like I said, it lists business cycles, not recessions.
So does my 12-year-old niece.
President Clinton did not leave his successor a booming economy. He left President George W. Bush a recession. The recession began in March of 2001, two months after Clinton left office. Even the most rabid leftist cannot blame George Bush for the 2001 recession. It was the Clinton recession.
I deny that Republicans caused those recessions. Clinton caused the one at the beginning of Bush's first term.
ROFL! It immediately preceded the recession, but that didn't cause the recession? What do you imagine caused it?
...and the Bush 43 recession, which was the result of the tech bubble collapse that occurred at the end of the Clinton administration.
That's one theory. Nowhere is that stated in the document.Fucking moron, a contraction starting at the peak of a business cycle, through the end at the trough, IS a recession. That's what it lists.
You really are the dumbest poster on this forum.
By far
No one cares what the NBER says . . . at least no intelligent person. It's a propaganda organ.Unlike the NBER, no one cares what your niece says.
You claimed that isn't the definition, shit for brains.But even funnier, YOU too adhere to the NBER's definition of a recession. Here you are, accepting the NBER's declaration that we had a recession in 2001...
That's one theory. Nowhere is that stated in the document.
More revisionist history
FDR was virulent anti-Nazi and propped up the UK
No one cares what the NBER says . . . at least no intelligent person. It's a propaganda organ.
You claimed that isn't the definition, shit for brains.
Quote where it says that.
You're using two different definitions, shit for brains. So which is the right one?LOL
Your hollow lack of recognition is worthless, fucking moron. But again, even you acknowledged their definition of a recession when you referred to the 2001 recession as a recession.
that's horsecrap.Its way more complex than that.
For example, the main support Hitler got, financial and otherwise, came from US companies like Std Oil, US Steel, GM, etc.
Roosevelt was not really anti-fascist at all, and also wanted war in order to fix the economy, just like the fascists did.
Its way more complex than that.
For example, the main support Hitler got, financial and otherwise, came from US companies like Std Oil, US Steel, GM, etc.
Roosevelt was not really anti-fascist at all, and also wanted war in order to fix the economy, just like the fascists did.
hmmmm, nopePathological liar, the Great Depression was over (1939) before we entered the war (1941).
Actually I did read long ago (I'm talking long before this forum existed and possibly even before the internet) about how German imports were in fact decoyed by American importers so disgruntled Americans wouldn't be able to boycott them so easily. The Dems truly had their hooks in American business back then.More revisionist history
FDR was virulent anti-Nazi and propped up the UK
Pathological liar, the Great Depression was over (1939) before we entered the war (1941).
