2022 why we’re heading into recession

gemini104104 said:
Bullshit as you overlook the fact that tRump who was lawlessly hacked in with repukes facilitating the hacking was on a mission to destroy democracy from within in order to please his foreign enemy pimps, and his repuke atrocity are the root cause that created the seed of recessions:

Trump is driving us toward a big recession: It will be ghastly — but is it deliberate?

I was horribly wrong. Eight years later, 62 million voters recklessly ignored the lessons of 2001 to 2009 by installing an even more incompetent, dangerous and unstable Republican administration in the White House. Donald Trump’s ascendancy isn’t so much a win for him as much as it’s a win for the propaganda efforts of Fox News, talk radio and Russian internet memes, collectively suckering "conservative" voters by bathing them in enough counterfactual nonsense to "neuralyze" all memories of what happened last time around."
https://www.salon.com/2019/08/13/do...a-off-an-economic-cliff-but-is-it-deliberate/

Why the U.S. economy is not in a recession, and how to know when it is

The U.S economy has yet to slip into a recession despite two consecutive negative quarters of growth. There is a difference, after all, between the conventional definition of a recession and the formal definition of one. Put simply, recession requires more than just two quarters of contraction.

In addition, our proprietary RSM US Middle Market Business Index improved to 138.5 in the third quarter, a 7.3-point increase from the second quarter. That strongly implies a real economy that continues to expand even in the midst of inflation, interest rate increases and the lingering impact of the pandemic."
https://rsmus.com/insights/economics/why-the-us-economy-is-not-in-a-recession.html


Trump Has Failed the American Economy

Trump’s unwillingness to contain the COVID-19 pandemic constitutes one of the most catastrophic failures of leadership in our nation’s history. His brazen lies about the virus’ lethality and spread, shameful efforts to hide critical information from the American people and slander public health experts, and his reprehensible convenings of his very own superspreader events across the country collectively illustrate the degree to which he has abdicated responsibility for our nation’s safety and security. President Trump’s refusal to develop a national strategy to defeat – let alone contain – the virus has resulted in thousands of avoidable deaths and the most severe economic crisis in a generation."
https://budget.house.gov/publications/report/president-trump-has-failed-american-economy
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What a massive pile of uneducated, lie filled bullshit. Salon and rsmus. Brilliant. :palm:
 
Bourbon said:
Economy Grew 2% … ooppps
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Wow! Meanwhile Inflation is still destroying American buying power. Gas is still at record highs. Groceries are at record highs. The National Debt is hitting records as is deficit spending.

Yeah, in gullible dumbfuck land, Biden is awesome. :palm:
 
Cypress said:
2022 ended with 3.7 percent unemployment, strong job and wage growth, ebbing inflation, and the most recent GDP report showed a healthy 3.2% growth in the economy.
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By all means ignore the 7% mortgage rates, inflation eating away at any wage increase, highest gas prices in 40 years, massive buildup of debt and deficit spending. :palm:
 
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