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They're just tickled pink. Their top priority is perceived political advantage, not the country.Yes, we are in a recession
Yes, we are in a recession
Yes, we are in a recession
Yes, we are in a recession
Yes, we are in a recession
Yes, we are in a recession
Yes, we are in a recession
Yes, we are in a recession
Yes, we are in a recession
Yes, we are in a recession
Happy now?
It’s just that outside GDP growth, I don’t see a recession. Consumer spending is up. Industrial production is up. Exports are up.You make a good point.
The Great Recession started officially in Dec of 07. We saw job losses in July and Aug of 07 as well as a steady start to them in Feb of 08 for going on for the next 20 plus months.
I think there is too much labor shortages now to see that kind of job loss in this recession.
We'll see. A soft landing and takeoff is possible. Some of us here are hoping for that.
Yeah, this is a weird one. Banks are still in good shape, the consumer is in much better shape than they were going into the 2008 Meltdown.It’s just that outside GDP growth, I don’t see a recession. Consumer spending is up. Industrial production is up. Exports are up.
What was dragging down GDP was lower inventories, residential fixed investment (whatever that is, I have no idea) and government spending. Imports were also up.
I don’t know what this is. It doesn’t look anything like normal recessions.
I lost a lot of confidence in this Fed when it so badly blew it on inflation, but it's still very possible that it could pull this off. Everything is slowing, including inflation, and that could allow the fed to go more dovish. Markets would love that and so would business before it needs to damage employment too much.I am not expert, but it seems to me the biggest harm of a recession is job loss.
The past 3 recession (not counting the COVID one) job losses started either well before the recession was official or the same month of it. We are just not seeing that now and there is not really a good reason to think we will due to the ongoing labor shortages.
The ones who are rejoicing are the Democrats. This recession is all by design. This is what they wanted. This is what you guys voted for.We are technically in a borderline recession
Republicans do their happy dance
This is a recession which is going to get worse. W ever just had two consecutive quarters with a declining GDP. This can not be portrayed as s as nothing other than bad news.It’s just that outside GDP growth, I don’t see a recession. Consumer spending is up. Industrial production is up. Exports are up.
What was dragging down GDP was lower inventories, residential fixed investment (whatever that is, I have no idea) and government spending. Imports were also up.
I don’t know what this is. It doesn’t look anything like normal recessions.
Again, the impact will be felt on your ability to spend and the power of the dollar and you know this…So, we are now officially in a recession.
How will my life change today as compared to yesterday?
If one does not lose a job in a recession, how does the recession impact their daily lives?
Good, it is about time to crash the markets and China economy with a depression…This is a recession which is going to get worse. W ever just had two consecutive quarters with a declining GDP. This can not be portrayed as s as nothing other than bad news.
Now with Senator Manchin backing down and supporting another massive spending bill, inflation will continue to erode your savings and retirement accounts.
If we don’t reverse the current course we will force a global depression.
Again, the impact will be felt on your ability to spend and the power of the dollar and you know this…
No. It’s not about time to force a global depression.Good, it is about time to crash the markets and China economy with a depression…
Did someone say it is?Inflation and and recession are not one in the same.
No, but every recession your spending power is lower and you know this.Inflation and and recession are not one in the same.
The ones who are rejoicing are the Democrats. This recession is all by design. This is what they wanted. This is what you guys voted for.
Yes it is…No. It’s not about time to force a global depression.
You pretty much did by voting for Brandon. Or are you one of those millions who voted for Jorgenson now.?I don’t remember voting for Russia to invade Ukraine
who?You pretty much did by voting for Brandon. Or are you one of those millions who voted for Jorgenson now.
The Libertarian candidate in 2020.who?
