Breaking: Terrible GDP report just dropped… halfway to recession

[otto105]

Watch something other than cnn, and you will be informed.

post the supporting evidence fuckup.

 

[JimH52]

Numbers came put that Biden created over a million jobs. Then revised the numbers that 800,000 were not created. Also people going back to work after the shutdowns, isn't creating jobs. That he took credit for.

How to defend the Dear Leader: "LOOK OVER THERE! QUICK, WHAT ABOUT.....?"

 

[1srelluc]

A lot of people bought the Chi-Com rubber dog puke cuz they couldn't afford the domestic-made puke. For sure a lot of that imported puke is crap but some of it is serviceable. Sooo, if they couldn't afford the domestic puke before how can they afford it after the tariffs raise the price of the imported puke? And if they have to buy the domestic puke out of necessity then that is inflationary cuz now they're paying more for the puke wherever it came from. On top of that, will domestic puke producers raise their prices now that the imported puke is more expensive? Less competition isn't good for prices.

I don't agree but well done none the less.

 

[jknowgood]

How to defend the Dear Leader: "LOOK OVER THERE! QUICK, WHAT ABOUT.....?"

I'm doing better now than I have over the last couple of years.

 

[jknowgood]

post the supporting evidence fuckup.

It was last year fuck up, not my fault you're uninformed.

 

[Blisterfinger]

Source?

Look it up idiot

 

[Tommy Tainant]

Maga is struggling to process this recession. The next set of figures are likely to be worse as inventory runs down.
trump emoted to a half empty hall last night as maga are losing faith in him.
His followers on here are the modern day jap snipers left on a coral atoll.

 

[otto105]

It was last year fuck up, not my fault you're uninformed.

You asserted it fuckup.

Back it up or it’s just a lie.

 

[task0778]

I don't agree but well done none the less.

It's cool but I'm wondering where you disagree with what I wrote (post #33). I'm always up for another perspective.

 

[TNHarley]

I have explained more than once to you tards what factors are taken into consideration when declaring a recession.

You morons are constantly told by your propagandists that two quarters of negative growth are all it takes to be called a recession.

I bet these hypocrites screech to a halt if and when we have two quarters of negative growth under Trump.

Two quarters of negative growth are only a part of a recession.

Since that has been explained to you in the past, you are now going full retard and saying, 'Duuuuhhhhhh we don't go by that stuff anymore derp-derp-derp."

This is what makes you seriously dense.

So, once more, here is how the NBER determines a recession:

Recession | U.S. Bureau of Economic Analysis (BEA)​

In general usage, the word recession connotes a marked slippage in economic activity. While gross domestic product (GDP) is the broadest measure of economic activity, the often-cited identification of a recession with two consecutive quarters of negative GDP growth is not an official designation.
www.bea.gov

In general usage, the word recession connotes a marked slippage in economic activity. While gross domestic product (GDP) is the broadest measure of economic activity, the often-cited identification of a recession with two consecutive quarters of negative GDP growth is not an official designation. The designation of a recession is the province of a committee of experts at the National Bureau of Economic Research (NBER), a private non-profit research organization that focuses on understanding the U.S. economy. The NBER recession is a monthly concept that takes account of a number of monthly indicators—such as employment, personal income, and industrial production—as well as quarterly GDP growth. Therefore, while negative GDP growth and recessions closely track each other, the consideration by the NBER of the monthly indicators, especially employment, means that the identification of a recession with two consecutive quarters of negative GDP growth does not always hold.

I have explained more than once to you tards what factors are taken into consideration when declaring a recession.

You morons are constantly told by your propagandists that two quarters of negative growth are all it takes to be called a recession.

I bet these hypocrites screech to a halt if and when we have two quarters of negative growth under Trump.

Two quarters of negative growth are only a part of a recession.

Since that has been explained to you in the past, you are now going full retard and saying, 'Duuuuhhhhhh we don't go by that stuff anymore derp-derp-derp."

This is what makes you seriously dense.

So, once more, here is how the NBER determines a recession:

Recession | U.S. Bureau of Economic Analysis (BEA)​

In general usage, the word recession connotes a marked slippage in economic activity. While gross domestic product (GDP) is the broadest measure of economic activity, the often-cited identification of a recession with two consecutive quarters of negative GDP growth is not an official designation.
www.bea.gov

In general usage, the word recession connotes a marked slippage in economic activity. While gross domestic product (GDP) is the broadest measure of economic activity, the often-cited identification of a recession with two consecutive quarters of negative GDP growth is not an official designation. The designation of a recession is the province of a committee of experts at the National Bureau of Economic Research (NBER), a private non-profit research organization that focuses on understanding the U.S. economy. The NBER recession is a monthly concept that takes account of a number of monthly indicators—such as employment, personal income, and industrial production—as well as quarterly GDP growth. Therefore, while negative GDP growth and recessions closely track each other, the consideration by the NBER of the monthly indicators, especially employment, means that the identification of a recession with two consecutive quarters of negative GDP growth does not always hold.

No shit there is more than one indicator. Good gawd almighty.
From their website : Most of the recessions identified by our procedures do consist of two or more consecutive quarters of declining real GDP

 

[protectionist]

Yeah sure fuckup.

CHIPS and Science Act - Wikipedia

Did Biden even actually sign it ? Or was it one of his string pullers ?
Or an autopen machine, run by a WH aide determining if the bill should be signed, with Biden oblivious, and barely able to read a comic book ?

 

[1srelluc]

It's cool but I'm wondering where you disagree with what I wrote (post #33). I'm always up for another perspective.

We live in a glut of "stuff", everything is geared to make you buy more "stuff".

I see this whole adjustment period as an opportunity to save, not spend.

 

[protectionist]

Maga is struggling to process this recession. The next set of figures are likely to be worse as inventory runs down.
trump emoted to a half empty hall last night as maga are losing faith in him.
His followers on here are the modern day jap snipers left on a coral atoll.

Hyperbole - any time you enact fundamental changes, there's always major ramifications along the way.

I'm an artist. Frequently people see my paintings at the 2/3 done point, and remark how bad they look. They change that after seeing the finished product. HO HUM.

 

[protectionist]

Trump Takes a Sledgehammer to Biden's Chips Act​

View attachment 1106183
Bloomberg
https://www.bloomberg.com › news › newsletters › trum...
Mar 5, 2025 — Mackenzie Hawkins reacts to Donald Trump's proclamations about rescinding chipmaking incentives for factories being built in the US.

I wouldnt believe a word of Bloomberg.

 

[jbrownson0831]

You elect a Convicted Felon...what do you expect?

You elected him bigmouth.

 

[jbrownson0831]

Evidently, trump got the order of fascism out of place. You see, as in Hungary, before you begin ignoring the law, attacking judges, and now crashing the economy...he was supposed to control all the media so that, no matter how bad it gets, the news about the Dear Leader will be glowing and wonderful. That has not happened. Ooooopppsss

Fascists are leftists jimboliar. Your ilk....

 

[TNHarley]

That is 100% trump and his cult......"Moving the Goalposts"

Stock Market Performance per trump:

View attachment 1106176
View attachment 1106178

I know it is. You idiots do this back and forth thing every fucking election. Like fucking children.

 

[jbrownson0831]

That is the problem. trump has already done a lot of work to wreck the economy. We can do with less of that work.

Wreck what? Things are up and deals are being made.
You should get a job then you would know.

 

[1srelluc]

So, there was still growth?

Better than FJB's two quarters of negative growth where the MSM refused to call it a recession.

 

[Tommy Tainant]

Hyperbole - any time you enact fundamental changes, there's always major ramifications along the way.

I'm an artist. Frequently people see my paintings at the 2/3 done point, and remark how bad they look. They change that after seeing the finished product. HO HUM.

Trump said it will get better on day 1. Not the 12th of never.
When do you see it getting better ?