Wikipedia Going 1984 on "Recession"

[robayon]

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

Next they will say there is no inflation and gas prices are 2 dollars a gallon

it will be glorious if, when questioned, they simply refer to it as alternative facts

sorry that you are unable to cope with the consequences of your actions

[Homesteaded]

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

my disdain for the semantics of terminology cuts both ways

anyways love that you guys are so desperate for content that agrees with your ignorant worldview that you get your news from youtube. no, i didn't watch the above video and won't, this is para-criticism, to make up a new word since words are meaningless

You’re a real moron.

[robayon]

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

You’re a real moron.

spoken like the "christian" conservative you are, seethe about it and maybe find a youtube video to explain the politics of john steinbeck while you're at it

[Kaveh]

East of Eden is a personal favorite

[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.

[Evia]

This isn't new. They reclassified smallpox and made you all believe they eradicated it so you'd worship vaccines.

[Kaveh]

It’s a recession

Doesn’t matter, they’re dumb for not admitting it and you’re dumb for thinking it’s solely on Biden

Gonna be a bonkers election cycle. Colorado goes GOP as does Nevada. Wisconsin Pennsylvania and Georgia go Dem

51-49 GOP is the senate in 2023 (buckle up)

[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?

🤔

[Reiwa]

Percentages are rarely additive, use multiplicative guys. [You must be logged in to view images. Log in or Register.]

[MrSparkle001]

There's no increase in unemployment which is part of the definition and determination.

So what is it? It's not stagflation because there's no high unemployment. Is it simple inflation? IMO yes it's basically inflation, and I would know, I'm an internet tough guy that doesn't have a degree in economics.