How Do Economists Determine Whether the Economy Is in a Recession? | The White House
What is a recession? While some maintain that two consecutive quarters of falling real GDP constitute a recession, that is neither the official definition
This is not a recession
Two negative GDP growth is a recessionThis is not a recession
That’s a textbook definitionTwo negative GDP growth is a recession
No it did notMeh...felt like we was already in a recession anyways.
still got all the stimulus money i aint touched for this exact reason
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Its technically been a recession for the last 6 months...this just confirms itMeh...felt like we was already in a recession anyways.
The high unemployment will come after the Fiscal year takes place in September you dumb fukkThat’s a textbook definition
But what is a recession with historically low unemployment and high demand?
How do you have a actual recession without high unemployment?
exactly. i knew it back then that they were gonna come back for all that, the gov aint giving out free money to the people without getting something in returnGiven people stimulus money who didn't need it is why we're fcked up now.
Most of them are bums with nothing to lose.Coli brehs LOVE potential economic crashes