So it's official: We are in a recession

JGalt

Diamond Member
Mar 9, 2011
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The Biden Recession has officially begun.

Yellen June 9: Recession unlikely

Mester June 19: Not predicting a recession

Powell June 22: Recession not likely

Bullard June 24: Too early to have a debate about recession probability

Atlanta Fed July 1 Q2 estimate: -2.1%"



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  • "The Atlanta Fed’s GDPNow gauge sees the second-quarter running at negative 2.1%."
  • "Coupled with the first-quarter’s decline of 1.6%, that would fit the technical definition of recession."
"— This story has been updated to reflect a downward revision Friday afternoon from the Atlanta Fed."

Atlanta Fed GDP tracker shows the U.S. economy is likely in a recession
 
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The Biden Recession has officially begun.

Yellen June 9: Recession unlikely

Mester June 19: Not predicting a recession

Powell June 22: Recession not likely

Bullard June 24: Too early to have a debate about recession probability

Atlanta Fed July 1 Q2 estimate: -2.1%"



View attachment 664961




  • "The Atlanta Fed’s GDPNow gauge sees the second-quarter running at negative 2.1%."
  • "Coupled with the first-quarter’s decline of 1.6%, that would fit the technical definition of recession."
"— This story has been updated to reflect a downward revision Friday afternoon from the Atlanta Fed."

Atlanta Fed GDP tracker shows the U.S. economy is likely in a recession



They sure dont catch on very fast do they ?
, those democrats? Everything seems to catch them by surprise and then they say WOW didn't see that coming!.
 
They sure dont catch on very fast do they ?
, those democrats? Everything seems to catch them by surprise and then they say WOW didn't see that coming!.

They're saying "But the official numbers haven't been released yet." :rolleyes:
 
The Biden Recession has officially begun.

Yellen June 9: Recession unlikely

Mester June 19: Not predicting a recession

Powell June 22: Recession not likely

Bullard June 24: Too early to have a debate about recession probability

Atlanta Fed July 1 Q2 estimate: -2.1%"



View attachment 664961




  • "The Atlanta Fed’s GDPNow gauge sees the second-quarter running at negative 2.1%."
  • "Coupled with the first-quarter’s decline of 1.6%, that would fit the technical definition of recession."
"— This story has been updated to reflect a downward revision Friday afternoon from the Atlanta Fed."

Atlanta Fed GDP tracker shows the U.S. economy is likely in a recession

Wasnt it just wonderful that for the 1st three years of President Trump, even with Russia, Russia Russia(all lies) that he was making America Great again, then Joe Biden and China working together, released upon us the Kung Flu, murdering millions of people, just so it would ruin President Trump's economy, but then when the red states started opening up and bringing the US back to glory, the Dementicraps stole the 2020 election, so they could install this worthless piece of shit who is making America worst again.
 
You're an idiot if you think a recession can be caused in one year, and by one man.
He had a year and 1/2 to really fuck up this country and he has done a bang up job, along with the rest of the Progressives who voted for the porkulus bill that passed last year. Yeah, it just wasnt Joe but all those that voted for the "stimulus" package.
 

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