Has Anyone Noticed That We Are In a RECESSION, Right Now ?

[protectionist]

No it's not ya fukin moron.
It's some site. Not a DOC site.

AND
Ya dumbass...

YOUR LINK CLEARLY SHOWS THE US IS NOT IN A RECESSION.

It is BEA, which is a bureau of the Dept of Commerce, as shown at the bottom of the charts. Ho hum.

The link clearly DOES show not only A recession, but 3 of them, as you seem to not know what a recession is or how to read a graph, or both.
Back to the 5th grade for you.

“A common definition of recession is two negative quarters of GDP growth, or at least that’s something that’s been true in past recessions,” Treasury Secretary Janet Yellen said on NBC’s “Meet the Press” on July 25.

 

[otto105]

Amid your childish disgustingness, I might only say that I already exposed your chart as a full CONFIRMATION of what I have said and proven in this thread, That Obama's last 2 years were a SINKING GDP FAILURE, and Biden's years have been even worse, with raging inflation. 100-200% housing rent increases, 100% inflation on gas prices, etc

And after the DEMOCRAT pandemic, Trump gave us the highest GDP in US history (2020 Q3 -34.8%). But we didn't need your chart to show us that. Everybody already knows.

I guess you just like to entertain yourself by spouting mindless jibberish. Not the best hobby in town.

Gibberish is all you have dude.

Hilariously stupid gibberish.

 

[protectionist]

View attachment 940560

See those big jumps ya fucking moron?
Yeah, those are where Obama and Biden saave the global economy from the Fuckwad in Chief and Cap'n Cheeto.
View attachment 940561

HA HA. Yeah I see those 2 biggest jumps, you sap, and so does everyone else in this thread. They are in late 2017 and 2020.
Both when Trump was president. God, you are stupid.

 

[protectionist]

Gibberish is all you have dude.

Hilariously stupid gibberish.

I have proven Trump's economic success, and so has Dadolex with his/her high falutin graph. ha ha ha.

Here's some more examples of Trump successes, which would be good for you to see, since your leftwing media keeps this information well hidden from you, and has you going around not knowing how much you don't know.

TRUMP ACCOMPLISHMENTS
1. RECORD positive numbers on the economy, record highs in stock market, despite Covid shutdowns
2. stopped the absurd practice of giving China unrestricted access to our valuable market, and reduced the amount of imports coming from China.
3. holding China accountable for cyber theft,
4. taking Mexico and Central American countries to task for illegal immigration,
5. created 10 million jobs in 4 months, created over 400,000 manufacturing jobs,
6. unemployment claims hit 50 year low,
7. lowest unemployment for blacks, Hispanics, Asians, and disabled in US history, 8.lowest unemployment for women in over 70 years,
9. lowest unemployment rate in US history for Americans without a high school diploma,
10. 4 million Americans off food stamps,
11. vocational training topped 4 million - highest in US history
12. highest median wage in US history .
13. Obamacare individual mandate penalty GONE,
14. FDA approved more affordable generic drugs than ever before in US history. > drug companies are freezing or reversing planned price increases,
15. reformed the Medicare program to stop hospitals from overcharging low-income seniors on their drugs—saving seniors hundreds of millions of dollars,
16. Signed Right-To-Try legislation,
17. $6 billion in NEW funding to fight the opioid epidemic (the most in US history),
18. Signed VA Accountability Act,
19. expanded VA telehealth services, walk-in-clinics, and same-day urgent primary and mental health care (I got surgeries and benefits from this myself),
20. United States was a net natural gas exporter for the first time since 1957,
21. withdrew the United States from the job-killing Paris Climate Accord,
22. pressured NATO allies, and they're spending $69 billion more on defense since 2016,
23. made the Space Force the 6th branch of the Armed Forces, first in US history.
24. withdrew from the horrible, one-sided Iran Deal, 25. moved U.S. Embassy to Jerusalem,
25. protected Americans from terrorists with the Travel Ban, upheld by Supreme Court,
26. issued Executive Order to keep open Guantanamo Bay,
27. MCA deal,
28. reached a breakthrough agreement with the E.U. to increase U.S. exports
29. greatest number of heavily attended rallies in US history
30. net exports increased $59 Billion in 2018, largest 1 yr increase in US history.
31. improved vetting and screening for refugees, and switched focus to overseas resettlement,
32. we were BUILDING THE WALL, first in US history
33. provided quality detention centers for migrant children in Southwest Key Programs
34. created 8,700 Opportunity Zones with investment incentives for companies to invest in distressed communities.
35. Got Israel/UAE/Bahrain agreement (the Abraham Accord), establishing Middle East peace
36. Defeated ISIS and killed their leaders incl. # 1 al Baghdadi.
37. Killed Iranian terrorist leader Sulemani.
38. Stopped domestic terrorist mobs by sending federal troops & National Guard
39. regulations cutat level the most in US history, further boosting the economy
40. opened ANWR and approved Keystone XL and Dakota Access Pipelines, and increase drilling, thereby making America # 1 energy producer in the world (no other president ever did that),
41. rebuilt the US military to a $721 Billion/yr budget
42. increased wages for military personnel
43. Through the COVID pandemic, our Covid mortality rate was REDUCED from over 17,000/week in April. to about 2000/week in June. and remained very low throughout the year, as a result of the many smart things that the president has done.
90% REDUCTION. > HUGE SUCCESS.
44. Massive production of Ventilators - These were left in short supply after the Obama/Biden admin (we now have so many we're exporting them),
45. the Navy hospital ships sent to New York,
46. the stimulus checks,
47. The Task Force advice (ex. social distancing),
48. opposition/criticism of New York's dumb nursing home policies,
49. federal aid to hospitals, rapidly expanding production & distribution of medical supplies
50. travel bans (which Democrats called Trump a "racist' for),
51. Trump's advocacy of Hydroxychloriquin (now proven to be effective, despite criticism from Democrats), and Regeneron.
52. fast, continual development of a vaccine, and rapid success of Operation Warp Speed.
53. Created & signed the MISSION ACT, replacing the failed Obama Choice Act
54. Presided over the largest GDP growth (34.8%) in US history.
55. Got $ 250 Million/year to black colleges.

 

[otto105]

I have proven Trump's economic success, and so has Dadolex with his/her high falutin graph. ha ha ha.

Here's some more examples of Trump successes, which would be good for you to see, since your leftwing media keeps this information well hidden from you, and has you going around not knowing how much you don't know.

Success at what?

Continuing the solid foundation President Obama laid or the total collapse of his administration during COVID.

Almost every economic measure that you claim makes the bloated mofo's economy great has been exceeded by President Biden.

Take unemployment. Best under rump 3.5% (once). Under Biden 3.4% (three times). President Biden has been under 4% his entire term so far.

 

[Zincwarrior]

Wait, we are? Recessions are economic contractions.

Private payrolls increased by 192,000 in April, more than expected for resilient labor market

Job gains were strongest in leisure and hospitality, which posted an increase of 56,000.

www.nbcnews.com

Gross Domestic Product | U.S. Bureau of Economic Analysis (BEA)

www.bea.gov

 

[braalian]

Wait, we are? Recessions are economic contractions.

Private payrolls increased by 192,000 in April, more than expected for resilient labor market

Job gains were strongest in leisure and hospitality, which posted an increase of 56,000.

www.nbcnews.com

Gross Domestic Product | U.S. Bureau of Economic Analysis (BEA)

www.bea.gov

Don’t waste your breath. They’ll just ramble on about deep state conspirators making up fake economic reports

 

[Harpy Eagle]

Don’t waste your breath. They’ll just ramble on about deep state conspirators making up fake economic reports

Yep, would have had better luck convincing the folks at Jonestown that the kool aid was not safe to drink

 

[Harpy Eagle]

HA HA. Yeah I see those 2 biggest jumps, you sap, and so does everyone else in this thread. They are in late 2017 and 2020.
Both when Trump was president. God, you are stupid.

If Trump gets credit for the big jump in 2020, then he should likewise get the blame for the big drop in 2020

 

[protectionist]

Success at what?

Continuing the solid foundation President Obama laid or the total collapse of his administration during COVID.

Almost every economic measure that you claim makes the bloated mofo's economy great has been exceeded by President Biden.

Take unemployment. Best under rump 3.5% (once). Under Biden 3.4% (three times). President Biden has been under 4% his entire term so far.

Success at the long list of sucesses listed in Post # 65. Can you read ?

What you a solid foundation that Obama laid was a SINKING ECONOMY with 2 consecutive recessions (3 drops in GDP growth down to near ZERO.

As for the collapse of 2020, that was from DEMOCRATS, as I already pointed out in this thread.
1. Started by Obama's NIH and Fauci funding the Wuhan lab.
2. Democrat governors continuing shutdowns.
3. Pelosi refusing to allow stimulus checks to be sent out.

Biden economy is perhaps the worst in US history with NINE drops in GDP, 3 consecutive recessions (including right this minute), and 2 quarters of below zero GDP. You don't know anything.

Biden's employment figures are a joke. He has consistently included workers RETURNING TO WORK, after shutdowns, as jobs created. If you are suckered by Biden's joke numbers, well, not my problem.

 

[protectionist]

If Trump gets credit for the big jump in 2020, then he should likewise get the blame for the big drop in 2020

NO, because DEMOCRATS caused that drop, and they maintained it as well (ex Pelosi refusing to allow Stimulus checks to be sent)
See Post # 71.

 

[protectionist]

Don’t waste your breath. They’ll just ramble on about deep state conspirators making up fake economic reports

If you're damn fool enough to be suckered by Biden numbers, that's YOUR problem.

 

[braalian]

If you're damn fool enough to be suckered by Biden numbers, that's YOUR problem.

I can look at my bank account and at the endless “help wanted” signs everywhere. I don’t even need to look at the official numbers to know how the economy’s doing

 

[protectionist]

I can look at my bank account and at the endless “help wanted” signs everywhere. I don’t even need to look at the official numbers to know how the economy’s doing

What's the matter? You missed all the FOR LEASE signs, where recently there was a business there ? You missed all the tent cities ? Missed the food banks popping up here & there ?

YOUR bank account ? How about MY finances ? In 2022 & 2023, my net income against expenses went DOWN. Now, I just got a whopping $7/mo increase in my VA pension, and a $34/mo increase in Social Security. Put that next to my $96/mo increase in rent, and I just LOST a cool $55/mo. this year.

My finances and everyone in my building are going DOWN, and next year it will be DOWN MORE (unless Trump becomes president)

 

[Toddsterpatriot]

What's the matter? You missed all the FOR LEASE signs, where recently there was a business there ? You missed all the tent cities ? Missed the food banks popping up here & there ?

YOUR bank account ? How about MY finances ? In 2022 & 2023, my net income against expenses went DOWN. Now, I just got a whopping $7/mo increase in my VA pension, and a $34/mo increase in Social Security. Put that next to my $96/mo increase in rent, and I just LOST a cool $55/mo. this year.

My finances and everyone in my building are going DOWN, and next year it will be DOWN MORE (unless Trump becomes president)

Your poor choices in life have come back to bite you.

 

[braalian]

What's the matter? You missed all the FOR LEASE signs, where recently there was a business there ? You missed all the tent cities ? Missed the food banks popping up here & there.

Starting Small business is always a major risk. Always has been. And the glut of abandoned business has been a problem for decades now. They built way too many strip-malls and office parks and the like for 30 years now and it’s over saturated. Of course there’s a lot of vacancies

And I’ve never seen a tent city in my life

YOUR bank account ? How about MY finances ? In 2022 &2023 my net income against expenses went DOWN. Now, I just got a whopping $7/mo increase in my VA pension and a $34/mo increase in Social Security. Put that next to my $96/mo increase in rent, and I just LOST a cool $55/mo.

My finances and everyone in my building are going DOWN, and next year it will be DOWN MORE (unless Trump becomes president)

yes, by definition, inflation hits those living on fixed incomes like pensions or savings especially hard. What’s your point?

 

[Dadoalex]

Amid your childish disgustingness, I might only say that I already exposed your chart as a full CONFIRMATION of what I have said and proven in this thread, That Obama's last 2 years were a SINKING GDP FAILURE, and Biden's years have been even worse, with raging inflation. 100-200% housing rent increases, 100% inflation on gas prices, etc

And after the DEMOCRAT pandemic, Trump gave us the highest GDP in US history (2020 Q3 -34.8%). But we didn't need your chart to show us that. Everybody already knows.

I guess you just like to entertain yourself by spouting mindless jibberish. Not the best hobby in town.

YOU said "WE'RE IN A RECESSION."

Demonstrably false.

Any other lies you dug up are only to prove a lie.
And like the existence of your intelligence. you can't prove a lie.

 

[Dadoalex]

It is BEA, which is a bureau of the Dept of Commerce, as shown at the bottom of the charts. Ho hum.

The link clearly DOES show not only A recession, but 3 of them, as you seem to not know what a recession is or how to read a graph, or both.
Back to the 5th grade for you.

“A common definition of recession is two negative quarters of GDP growth, or at least that’s something that’s been true in past recessions,” Treasury Secretary Janet Yellen said on NBC’s “Meet the Press” on July 25.

A recession is NEGATIVE GDP growth for 2 consecutive cycles.
Your links do not show that no matter how many times you lie about it.

 

[Dadoalex]

HA HA. Yeah I see those 2 biggest jumps, you sap, and so does everyone else in this thread. They are in late 2017 and 2020.
Both when Trump was president. God, you are stupid.

God you are one lying sack of shit.

2009 Jump when Bush left
2021 jump when Trump was thrown out.

You are so full of shit you remind me of Trump's Depends.

 

[protectionist]

Starting Small business is always a major risk. Always has been. And the glut of abandoned business has been a problem for decades now. They built way too many strip-malls and office parks and the like for 30 years now and it’s over saturated. Of course there’s a lot of vacancies

And I’ve never seen a tent city in my life

yes, by definition, inflation hits those living on fixed incomes like pensions or savings especially hard. What’s your point?

Inflation (especially housing) is what's causing the economy to sink. People are not going to the stores (aka "the economy") because they don't have as much money left over to spend, after paying the crazy new rents (and gas prices)

As for tent cities >>>

List of tent cities in the United States - Wikipedia

en.wikipedia.org