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Well, it's not "official" until the National Bureau of Economic Research declares it so, but two consecutive quarters is the generally accepted criteria.
Actually, it's not official at all. We aren't in a recession yet, but than I guess that would make for a less sexy thread title. Just some more CD drama.
Aww, come on now…. It’s pretty obvious that we are going into a serious recession. Just because the White House says we aren’t, doesn’t make it so. This is the same White House that says men can get pregnant. They don’t have a lot of common sense up there…
Actually, it's not official at all. We aren't in a recession yet, but than I guess that would make for a less sexy thread title. Just some more CD drama.
Better take those Rah Rah Biden Glasses off. They are clouding your vision.
Look doctor, I know all the symptoms are there and I know the x-rays definitively show massive malignant tumors in my lungs and I know that I can barely breath and I know five other doctors have told me the same thing... but I don't officially have lung cancer.
Biden ruined the economy with sanctions on Russia but let's not pretend that the previous administrations economy was great.
Going back to 2008, trillions of dollars were created and pumped into the economy, giving an illusion that there was prosperity and growth.
Oh no-the Brandon administration will just change the meaning of the word "recession" rather than accepting responsibility. They are like a bunch of children that can't take the blame for anything they do. The excuses are getting old-bububbu Trump, bububub Putin, bubububu...greedy companies. F-tard. Be a man Joe and accept responsibility for your actions.
Gotta wonder, how long before Twitter bans the word "recession"?
Last edited by Toyman at Jewel Lake; 07-28-2022 at 08:42 AM..
i guess we aren't actually in a recession until the white house and its lickspittle media dogs say we are, but the reality is different.
walmart reported a significant decline in profit estimates, 11-13% due to its lower income customers having to choose between groceries and hard goods, while neiman marcus, a luxury store, was having a grand year with business from buyers “who spend at least $10,000 a year with us annually” showing no sign of buyer fatigue.
when will the unwashed masses revolt against the elitists and the washington lies that all is well? people's frustration will blow eventually....
Last edited by texan2yankee; 07-28-2022 at 08:29 AM..
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