It's Official. Biden's Recession is here. (war, best, Americans, Democrats)
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Yes it's true we're in a recession but if we are it must be mild. How do you explain more jobs being added monthly combined with a low but flat unemployment rate? That is unless things will get worse? Who knows, see what happens. It seems inflation has garnered the most attention the last several months.
1) Because no new jobs have been created. People are just going back to jobs they had prior to state's shutting down for Covid and after government funding to stay home ended and people finally ran out of money.
2) Fewer people are working now than prior to the pandemic.
3) Because mass layoffs are a trailing indicator. IOW - Layoffs happen AFTER the recession starts. Layoffs are already starting now. Many large companies have publicly announced upcoming layoffs.
4) Some analysts are predicting a double dip recession. One mild this year, followed up by a really bad one next year. Time will tell if they are correct on that.
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.
Two quarters in a row in the negative is the definition of a recession. It may not be a 'great' recession but still a recession...At least not yet. Pay attention.
I agree with both statements, as both are 100% factual.
Now that does not mean there were not some serious issues with how voting procedures were altered without going through the legislatures, but the result for the Presidency remained the same. However, this is something that needs to be addressed to ensure faith in the system going forward. We cannot have people not trusting the system.
Simple answer. Vote in person and with a verified photo ID. Very easy. Has worked for centuries.
Trump voted by mail as did 1/3rd of GOP voters. I don't want either side cheating or manipulating the vote for their favor.
I don't see how we can't get the point that a phone app could not replace how voting is done today. If you can do your banking, pay your bills, etc I don't why voting cannot be done that way safely. And try to get to near 100% of eligible voters voting.
Very very few Republicans think the election was stolen (mainstream Dem media loves to claim the opposite, of course.) Watch Fox for a day to confirm this.
You should probably talk to your GOP friends on here to stop starting threads claiming the opposite of that. And talk to Trump.
This one: Do you still believe the 2020 election was stolen? (legal, parties, states)
65% say yes of all CD people. I rarely watch cable news and I ignore the MSM. I look at reason.com and peruse the drudge headlines and allsides.com. Anything else is biased on one side or another and worthless trash.
Trump voted by mail as did 1/3rd of GOP voters. I don't want either side cheating or manipulating the vote for their favor.
I don't see how we can't get the point that a phone app could not replace how voting is done today. If you can do your banking, pay your bills, etc I don't why voting cannot be done that way safely. And try to get to near 100% of eligible voters voting.
If you can get to the doctors, get to the grocery store and get to the movies, you can certainly get to the voting booth in person.
If you have to have a photo ID to drive, to get into a bar, to buy alcohol, to buy cigarettes, you can certainly require a photo ID to decide the future of the country.
The main issues I have with how voting was change, was the mass mailing out of "unrequested" ballots, ballot harvesting and having drop boxes that break the chain of custody. Yes they all happened, regardless of what CNN tries to tell people.
Regardless of which side it helps, those things should not be happening.
That is true, but since 1947 was a year before the 1948 election, while 2022 is 2 years before the 2024 election, there's nothing we can do about it. The original analogy was that 2022 = 1947 because of 2 consecutive quarters of contracting GDP without a recession. So, we were comparing those 2 years.
If the historical parallels end up matching exactly, yes, a recession would start in November 2023 and not end until 11 months later in October 2024. Depending on how deep that recession is, it might or might not hurt Biden. If it's a shallow recession - which is what it would be if we assume those historical parallels match up exactly since the 1948-49 recession was a mild one - than possibly, since it would end the month before Biden's reelection, things might be OK enough for Biden to squeak through.
Of course, it's extremely unlikely they end up matching exactly, since historical parallels pretty much never do ("history never repeats itself, but it does rhyme"). Maybe we might get a mild recession starting next spring, which ends around the end of next year (2023), which could give the economy enough time to recover in time for the election. Or maybe we get the republican fantasy scenario and a recession starts late next year and is severe and last 2 years so that election day 2024 is right in the middle of the all the doom and Biden is toast. Or some other scenario.
rarely has someone argued so favorably for a situation that occurred 50+ years ago, given the changes in the world's advancement, that didn't involve 100,000+ deaths, as you have for comparing 2022-? to 1947.
You have earned either what you're getting paid, or whatever you think they're willing to pay for water-carrying
rarely has someone argued so favorably for a situation that occurred 50+ years ago, given the changes in the world's advancement, that didn't involve 100,000+ deaths, as you have for comparing 2022-? to 1947.
You have earned either what you're getting paid, or whatever you think they're willing to pay for water-carrying
In case you've forgotten, 1947 was just a couple years after WWII, in which some 298,000 Americans died. Likewise, 2022 is just a couple years after Covid hit, in which a million Americans have died.
Most likely, but how much consumer spending is going on when people fall on hard times, or have lost their jobs ?
The economy is in free fall, and people have zero faith in Biden. People are afraid of where the future of this nation and our economy is heading. Biden is senile and is making everything worse, and the people he has appointed to head his administration don't know what they are doing.
These clueless morons working for Biden, like Buttigieg, are actually telling families, who are in a panic to afford the fossil fuel to gas their car, food on the table or to pay their bills, are being told to simply buy a freaking $50,000 electric car. Or told to install solar panels on their roof. If people had that type of money laying around, they would not be struggling to make ends meet in the first place.
BTW, the overwhelming majority of electricity which charges these electric cars, comes from FOSSIL FUELS, coal and natural gas.
Typical ignorant green energy moron. They never have a clue at all. They think electric cars are "zero emissions" as if they just magically charge from out of thin air. They don't know the dirty process that goes into making these batteries, so of course they don't know how the batteries are getting the electricity to charge either.
In case you've forgotten, 1947 was just a couple years after WWII, in which some 298,000 Americans died. Likewise, 2022 is just a couple years after Covid hit, in which a million Americans have died.
Back in 1947 we as a nation were able to turn our economy around in a few short years, because the rest of the world's manufacturing industry was destroyed during the war. Entire nations were forced to buy American goods and services, since they were still rebuilding and could not produce their own.
Back in 1947 we as a nation were able to turn our economy around in a few short years, because the rest of the world's manufacturing industry was destroyed during the war. Entire nations were forced to buy American goods and services, since they were still rebuilding and could not produce their own.
I'm not sure what the point of that comment was - are you suggesting it was a good thing that the rest of the world's manufacturing industry was destroyed by a war just because the US happened to benefit?
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.