What makes someone a “Conservative”?

protectionist said:
FALSE!
Spin it however you may, Biden has 3 consecutive recessions from Q3 2023 to Q1 2025.

United States GDP Growth Rate

The Gross Domestic Product (GDP) in the United States expanded 1.60 percent in the first quarter of 2026 over the previous quarter. This page provides the latest reported value for - United States GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and...
tradingeconomics.com tradingeconomics.com

"officially recognized recession" ? HA HA HA.

Translation - officially redefined recession to sanitize Biden's horrifying numbers.

Every day since 1974, when economist Julius Shiskin set the definition of a recession, as two consecutive quarters of decline in real gross domestic product (GDP), and it has been the standard taught in 4,000 college classrooms across the USA - until just recently when leftist economics "teachers" laughably decided to create a host of new definitions, to cover up Obama & Biden's many recessions. Ho hum.
Click to expand...
Your words meaning nothing compared to the evidence.

You are wrong now and normally, as well.
 
jacksonlamb said:
Your words meaning nothing compared to the evidence.

You are wrong now and normally, as well.
Click to expand...
I posted the evidence. Biden had 3 consecutive recessions. In addition to the link, I went to the trouble of hand typing the whole kit & kaboodle. All 3 recessions, with declining GDPs. (Post # 616)
 
protectionist said:
I posted the evidence. Biden had 3 consecutive recessions. In addition to the link, I went to the trouble of hand typing the whole kit & kaboodle. All 3 recessions, with declining GDPs. (Post # 616)
Click to expand...

Declining growth still isn't a decline in GDP.
 
 
protectionist said:
I posted the evidence. Biden had 3 consecutive recessions. In addition to the link, I went to the trouble of hand typing the whole kit & kaboodle. All 3 recessions, with declining GDPs. (Post # 616)
Click to expand...
Did Biden's term have three recessions? What a maroon!

No. Authoritative economic data shows zero NBER‑defined recessions during Joe Biden’s presidency.

🧭 What counts as a recession?​

In the United States, recessions are not declared by presidents, Congress, or the media. They are formally dated by the National Bureau of Economic Research (NBER), which defines a recession as a “significant decline in economic activity spread across the economy, lasting more than a few months.”

This is the only official arbiter used by economists, federal agencies, and financial institutions.

📌 What the data shows for Biden’s term (Jan 2021–Jan 2025)​

  • The only recession near this period was the COVID‑19 recession, which ended in April 2020, before Biden took office.
  • NBER has not declared any recession during Biden’s presidency.
  • Economic indicators during his term show:
    • Positive GDP growth each year (e.g., 2.8% in 2024)
    • Strong job recovery and unemployment averaging 4.1%
    • Inflation spikes in 2022, but inflation alone does not constitute a recession.
Even critics who argue about “technical recessions” (two quarters of negative GDP) are referring to Q1–Q2 2022, but NBER explicitly did not classify that period as a recession because employment, income, and industrial production remained strong.

🧩 Why some people claim “three recessions”?​

This claim circulates in political discussions but does not match NBER data. It usually stems from:
  • Misuse of the “two‑quarter GDP” rule
  • Political rhetoric
  • Confusion between slowdowns, inflation, and recessions
None of these are recognized as recessions by the official body that dates them.

📘 Bottom line​

According to the only official recession‑dating authority, the U.S. had zero recessions during Biden’s presidency. Always confirm political or economic claims with trusted, nonpartisan sources such as NBER, BLS, BEA, or FactCheck.org.

www.factcheck.org/2025/10/bidens-final-numbers/?utm_source=copilot.com
 
 
Every day since 1974, when economist Julius Shiskin set the definition of a recession, as two consecutive quarters of decline in real gross domestic product (GDP), and it has been the standard taught in 4,000 college classrooms across the USA - until just recently when leftist economics "teachers" laughably decided to create a host of new definitions, to cover up Obama & Biden's many recessions. Ho hum.
jacksonlamb said:
Did Biden's term have three recessions? What a maroon!

No. Authoritative economic data shows zero NBER‑defined recessions during Joe Biden’s presidency.

🧭 What counts as a recession?​

In the United States, recessions are not declared by presidents, Congress, or the media. They are formally dated by the National Bureau of Economic Research (NBER), which defines a recession as a “significant decline in economic activity spread across the economy, lasting more than a few months.”

This is the only official arbiter used by economists, federal agencies, and financial institutions.

📌 What the data shows for Biden’s term (Jan 2021–Jan 2025)​

  • The only recession near this period was the COVID‑19 recession, which ended in April 2020, before Biden took office.
  • NBER has not declared any recession during Biden’s presidency.
  • Economic indicators during his term show:
    • Positive GDP growth each year (e.g., 2.8% in 2024)
    • Strong job recovery and unemployment averaging 4.1%
    • Inflation spikes in 2022, but inflation alone does not constitute a recession.
Even critics who argue about “technical recessions” (two quarters of negative GDP) are referring to Q1–Q2 2022, but NBER explicitly did not classify that period as a recession because employment, income, and industrial production remained strong.

🧩 Why some people claim “three recessions”?​

This claim circulates in political discussions but does not match NBER data. It usually stems from:
  • Misuse of the “two‑quarter GDP” rule
  • Political rhetoric
  • Confusion between slowdowns, inflation, and recessions
None of these are recognized as recessions by the official body that dates them.

📘 Bottom line​

According to the only official recession‑dating authority, the U.S. had zero recessions during Biden’s presidency. Always confirm political or economic claims with trusted, nonpartisan sources such as NBER, BLS, BEA, or FactCheck.org.

www.factcheck.org/2025/10/bidens-final-numbers/?utm_source=copilot.com
Click to expand...
"official body " HA HA HA. Fool! the Shiskin definition of a recession has been the ONLY definition of a recession for 52 years, and that has not changed one iota, despite looney liberals thinking they can come along and change over half a century of college economics, just by saying so.

Also, if you go through the NBER's rather vague definition of a recession, there is not a single thing about it that is at variance from the long established Shiskin definition.

In general the Shiskin definition, , is still firmly implanted in the minds of the millions of Americans who received it college economics classrooms for decades.

You can call it whatever you wish, but with the Shiskin definition applying clearly (according to the BEA, Dept of Commerce) with Biden's time in office from Q3 2023 to Q1 2025 (almost 2 years), and GDPs dropping continually, it is a very bad report on that time period (when inflation was astronomical to boot)
 
protectionist said:
Every day since 1974, when economist Julius Shiskin set the definition of a recession, as two consecutive quarters of decline in real gross domestic product (GDP), and it has been the standard taught in 4,000 college classrooms across the USA - until just recently when leftist economics "teachers" laughably decided to create a host of new definitions, to cover up Obama & Biden's many recessions. Ho hum.

"official body " HA HA HA. Fool! the Shiskin definition of a recession has been the ONLY definition of a recession for 52 years, and that has not changed one iota, despite looney liberals thinking they can come along and change over half a century of college economics, just by saying so.

Also, if you go through the NBER's rather vague definition of a recession, there is not a single thing about it that is at variance from the long established Shiskin definition.

In general the Shiskin definition, , is still firmly implanted in the minds of the millions of Americans who received it college economics classrooms for decades.

You can call it whatever you wish, but with the Shiskin definition applying clearly (according to the BEA, Dept of Commerce) with Biden's time in office from Q3 2023 to Q1 2025 (almost 2 years), and GDPs dropping continually, it is a very bad report on that time period (when inflation was astronomical to boot)
Click to expand...
Shiskin was wrong. Accept the evidence and toodle along.
 
15th post
jacksonlamb said:
Shiskin was wrong. Accept the evidence and toodle along.
Click to expand...
HA HA HA, Oh, sorry hundreds of millions of alumni for 52 years- you'll now have to revise what you learned. Democrats got a new definition. You're obliged to follow it.

And don't forget that the cow jumped over the moon. :rolleyes: :slap:
 
jacksonlamb said:
Not when used properly and understood. You don't understand it.
Click to expand...
I understand precisely how it is used in art, to fake its way through, masquerading as hand painted art.
I'm a 9 Time First Prize winner in Fine Art America contests, and and I see it every day, polluting the online art galleries. Ho hum.
 
jacksonlamb said:
November is coming.
Click to expand...
Yeah it is….Is the Party of filth, foreigners, wackos, unconventionals and degenerates poised to capitalize?
IMG_5960.webp
 
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