Deplorable Yankee
Diamond Member
The American middle classes and working poor think it's just super duper swell .....
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Idiot, recession is NEGATIVE GDP GROWTH, aka contraction.NO, it does NOT mean "negative GDP" (which would be GDP of less than zero). You get the dunce cap for saying that. HERE is what recession means >>
re·ces·sion
[rəˈseSH(ə)n]
NOUN
- a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters: So let's examine 2015/2016. >> View attachment 662371
As we see, GDP had a "fall" from 3.5 to 2.6 (reduction # 1) Then fell from 2.6 to 2.2 (reduction # 2). The fell from 2.2 to 1.8 (reduction # 3). The fell from 1.8 to 1.4 (fourth reduction)
So was the reduction from 3.5 to 2.2 (fall in GDP in two successive quarters) was the first.- Reduction from 2.6 to 1.8 was the second.
- Reduction from 2.2 to 1.4 was the third. (Triple Recession)
- The first 6 years of Obama were post-recession bounce, where GDP ordinarily increases no matter who is president. The last 2 years which could be attributed to him, he was a failure.
- It also was already explained to you that 2018/2019 didn't NEED to be mentioned as I was telling Billy000 about the transition from Obama to Trump, as he erroneously said Trump inherited a good economy from Obama.
I just explained to you what a recession is, with a link to the definition, and showed you the Obama triple recession. If you are incapable of learning, not my problem.Idiot, recession is NEGATIVE GDP GROWTH.
1.6% GDP GROWTH IS.....POSITIVE GROWTH.
I just explained to you what a recession is, with a link to the definition, and showed you the Obama triple recession. If you are incapable of learning, not my problem.
re·ces·sionRecession is NEGATIVE GDP GROWTH for 2 consequitive Qs. You keep confusing slowed growth, for negative growth, because you are completely clueless.
There was only one recession during Obama's 8 years, the one he inherited in 2009.
re·ces·sion
[rəˈseSH(ə)n]
NOUN
Some people have to be told twice (or 3 times) in order to see Obama's 3 recessions.-
- a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters:
re·ces·sionMoron + 1.6% GDP GROWTH...is growth.
Decline is NEGATIVE GDP GROWTH.
Economic activity still increased when growth rate fell from 2% to 1% for example. Only when GDP growth turns negative is there an economic contraction.
re·ces·sion
[rəˈseSH(ə)n]
NOUN
Some people have to be told twice (or 3 times) in order to see Obama's 3 recessions.-
- a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters:
Is there a doctor in the house ? I mean really.LOL
You're beyond senile, gramps. You refuted nothing as I posted links to your posts; the first one where you showed polls indicate a red wave... and then a second post where you said polls are unreliable.
You owned yourself with that one.
I posted 3 of them in Post # 359, with a link from the BEA. If you can't read English and read graphs, not my problem.Ok moron let's do it this way:
Post two consequitive Qs with NEGATIVE GDP growth 2010-2016.
Make absolutely certain that GDP growth is NEGATIVE, in both months. Make absolutely certain that there was economic contraction, not growth, in both months.
I posted 3 of them in Post # 359, with a link from the BEA. If you can't read English and read graphs, not my problem.
Can you read this ?>> " a fall in GDP in two successive quarters:" If not, it's back to the 8th grade for you.
Oh, shut the hell up, you fckin asshole - learn to read.No you didn't,
Moron no you didn't, not a single Q had contraction, they were all GROWTH Q.
Here is what you said:
"As we see, GDP had a "fall" from 3.5 to 2.6 (reduction # 1) Then fell from 2.6 to 2.2 (reduction # 2). The fell from 2.2 to 1.8 (reduction # 3). The fell from 1.8 to 1.4 (fourth reduction)"
No a single one of those are Negative, they are all positive growth Q. A you are talking about us variance in the rate of growth, NOT CONTACTION.
Oh, shut the hell up, you fckin asshole - learn to read.
The economy grew just shy of 1 percent in Obama’s first term
That's also been refuted repeatedly. Ho hum.
Refuted in Post # 310. Fool refuses to admit it.
NO, it does NOT mean "negative GDP" (which would be GDP of less than zero). You get the dunce cap for saying that. HERE is what recession means >>
re·ces·sion
[rəˈseSH(ə)n]
NOUN
- a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters: So let's examine 2015/2016. >>
As we see, GDP had a "fall" from 3.5 to 2.6 (reduction # 1) Then fell from 2.6 to 2.2 (reduction # 2). The fell from 2.2 to 1.8 (reduction # 3). The fell from 1.8 to 1.4 (fourth reduction)
So was the reduction from 3.5 to 2.2 (fall in GDP in two successive quarters) was the first.- Reduction from 2.6 to 1.8 was the second.
- Reduction from 2.2 to 1.4 was the third. (Triple Recession)
- The first 6 years of Obama were post-recession bounce, where GDP ordinarily increases no matter who is president. The last 2 years which could be attributed to him, he was a failure.
- It also was already explained to you that 2018/2019 didn't NEED to be mentioned as I was telling Billy000 about the transition from Obama to Trump, as he erroneously said Trump inherited a good economy from Obama.
re·ces·sion
[rəˈseSH(ə)n]
NOUN
Some people have to be told twice (or 3 times) in order to see Obama's 3 recessions.-
- a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters:
Is there a doctor in the house ? I mean really.
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