I didnt say GDP going down was a recession, dumbass. In fact, I did say what a recession is - a succession of 2+ quarters of falling GDP. Trump had none. Obama and Biden both have had multiples of them.
Yes it is, stupid brainwashed one. When an economy experiences two consecutive quarters of economic decline. This occurs when GDP falls in comparison to the previous quarter - as shown in the charts I posted.
boycewire.com
www.forbes.com
www.jhinvestments.com
The calendar is enough for most people. When Trump left office, gas in my neighborhood was $1.89/gallon.
Yes it is, stupid brainwashed one. When an economy experiences two consecutive quarters of economic decline. This occurs when GDP falls in comparison to the previous quarter - as shown in the charts I posted.
Back to the 8th grade for you (to deprogram you from all that CNN/MSNBC jibberish (sent directly to low information DUPES)
Recession: Definition, Causes, Effects & Solutions
In economics, a recession means a decline in economic growth. More specifically, it is when an economy experiences two consecutive quarters of economic decline.
In 1974, economist Julius Shiskin came up with a few rules of thumb to define a recession: The most popular was two consecutive quarters of declining GDP. A healthy economy expands over time, so two quarters in a row of contracting output suggests there are serious underlying problems, according to Shiskin. This definition of a recession became a common standard over the years.
What Is A Recession?
A recession is a significant decline in economic activity that lasts for months or even years. Experts declare a recession when a nation’s economy experiences negative gross domestic product (GDP), rising levels of unemployment, falling retail sales, and contracting measures of income and manufactur
What happens in a recession? — Manulife John Hancock Investments
Recessions are neither common nor rare. Some predictions of them prove inaccurate; at other times, recessions can result in significant damage to the economy and markets.
Another "world" deflectionist. Ho hum. yawn****
Show where there was a recession under Trump.The recession under Biden was handed to him by Bush. And the last recession we had was under Trump...
US Business Cycle Expansions and Contractions
www.nber.org
Toddster is so lost.
tradingeconomics.com
FALSE! Not that this is much of a relevant stat, but you are wrong. GDP was HIGHER in 2020-Q4, than in 2019-Q4.Gramps, GDP was LOWER in 2020-Q4 than it was in 2019-Q4. And you idiotically call that a great comeback.
FALSE! Not that this is much of a relevant stat, but you are wrong. GDP was HIGHER in 2020-Q4, than in 2019-Q4.
2019 Q4 - 1.8
2020 Q4 - 3.9
You said >> You said >> "306K is Biden's WORST month"
We live in ONE country, not 196.
One proof would be the severe drop in oil production when Biden took over, as compares to what companies were producing with Trump.
Trump crashed US oil production & bankrupted US oil drillers.
Yes it is, stupid brainwashed one. When an economy experiences two consecutive quarters of economic decline. This occurs when GDP falls in comparison to the previous quarter - as shown in the charts I posted.
Back to the 8th grade for you (to deprogram you from all that CNN/MSNBC jibberish (sent directly to low information DUPES)
Recession: Definition, Causes, Effects & Solutions
In economics, a recession means a decline in economic growth. More specifically, it is when an economy experiences two consecutive quarters of economic decline.
In 1974, economist Julius Shiskin came up with a few rules of thumb to define a recession: The most popular was two consecutive quarters of declining GDP. A healthy economy expands over time, so two quarters in a row of contracting output suggests there are serious underlying problems, according to Shiskin. This definition of a recession became a common standard over the years.
What Is A Recession?
A recession is a significant decline in economic activity that lasts for months or even years. Experts declare a recession when a nation’s economy experiences negative gross domestic product (GDP), rising levels of unemployment, falling retail sales, and contracting measures of income and manufactur
What happens in a recession? — Manulife John Hancock Investments
Recessions are neither common nor rare. Some predictions of them prove inaccurate; at other times, recessions can result in significant damage to the economy and markets.
