Wikipedia Going 1984 on "Recession"

[Castle2.0]

Wikipedia changed the definition of recession to favor the Biden regime and then locked the page.

Talk about being on the wrong side of history.

[Elizondo]

nodroids.jpg

[Jibartik]

A recession is when there are THREE consecutive reductions in GDP

[Reiwa]

Is yours a cogent definition of recession if employment is high? 🐱

[Jibartik]

[Reiwa]

Originally Posted by Jibartik [You must be logged in to view images. Log in or Register.]

They say growth rate a lot, is that a recession when it grow less bigly?

Hey that's better!

[Toxigen]

Originally Posted by Jibartik [You must be logged in to view images. Log in or Register.]

nice find...just wish some of these youtube content makers would tone down the flair a bit

[Castle2.0]

Originally Posted by Reiwa [You must be logged in to view images. Log in or Register.]

Is yours a cogent definition of recession if employment is high? 🐱

Yes. 2 consecutive quarters of negative GDP growth in a row.

You can say it's a "mild" recession, you can say we are very "early" in the recession, but you can't simply change the definition to fit your agenda.

Gaslighting. Pure and simple.

[Reiwa]

Originally Posted by Castle2.0 [You must be logged in to view images. Log in or Register.]

Yes. 2 consecutive quarters of negative GDP growth in a row.

You can say it's a "mild" recession, you can say we are very "early" in the recession, but you can't simply change the definition to fit your agenda.

Gaslighting. Pure and simple.

But is it a contraction of absolute GDP or a slowing of the rate of growth QoQ?

🤔

[Jibartik]

Don't question shadows cast by the sun pointing in two directions.