What recession? GDP grows by 2.6%!

[citygator]

It’s official. Recession is over. Thanks Biden!

U.S. Economy Grew 2.6% in Third Quarter, GDP Report Shows

While key segments remained resilient during the third quarter, economists are worried about a possible recession.

www.wsj.com

 

[hadit]

It’s official. Recession is over. Thanks Biden!

U.S. Economy Grew 2.6% in Third Quarter, GDP Report Shows

While key segments remained resilient during the third quarter, economists are worried about a possible recession.

www.wsj.com

View attachment 716361

Hmmm, you admit we actually had a recession. Interesting. Now, of course, we look for the double dip recession.

 

[Mac1958]

It’s official. Recession is over. Thanks Biden!

U.S. Economy Grew 2.6% in Third Quarter, GDP Report Shows

While key segments remained resilient during the third quarter, economists are worried about a possible recession.

www.wsj.com

View attachment 716361

And WITHOUT the Fed pumping trillions of stimulus into it. A refreshing change.

Fingers crossed, there's still a long way to go.

 

[Mac1958]

Hmmm, you admit we actually had a recession. Interesting. Now, of course, we look for the double dip recession.

I would wish you luck on that, but I want the best for America.

 

[Calypso Jones]

 

[Manonthestreet]

Don't just sit there man ...buy buy buy....

 

[JoeMoma]

Is the inflation rate greater than the rate of increase in GDP?

 

[Oddball]

 

[Manonthestreet]

All I know is a used car that cost 5 grand 2 yrs ago now costs 10 - 15

 

[Oddball]

All I know is a used car that cost 5 grand 2 yrs ago now costs 10 - 15

I dropped a fresh remanufactured engine in my car because of that.

 

[hadit]

I would wish you luck on that, but I want the best for America.

You can look for something to happen you don't like. We look for increased flue and COVID infections this winter, doesn't mean we're hoping for them. Or is it the moron's position that watching for something bad to happen means you're hoping it will?

 

[Manonthestreet]

I dropped a fresh remanufactured engine in my car because of that.

Unfortunately daughter totalled hers. Tried to get her to go private party but she wouldnt

 

[shockedcanadian]

It’s official. Recession is over. Thanks Biden!

U.S. Economy Grew 2.6% in Third Quarter, GDP Report Shows

While key segments remained resilient during the third quarter, economists are worried about a possible recession.

www.wsj.com

View attachment 716361

With inflation so high, growth should occur everywhere simply due to osmosis. That same $1000 in sales from last year is now $1007 in sales, now apply that to trillions across the U.S. GDP is up, alright!

When your inflation is 7-12% but your economy and/or salaries grow 2-3%, do the math in terms of standard of living. That is what is critical today, since job support in the long term is unsustainable if people decrease their consumption.

 

[Rambunctious]

This is why our nation is in such a mess... democrat word and number games... those games jackass won't lower my gas price and food prices.... we know when the economy is bad no matter how many word and number games they play....

 

[Rambunctious]

GDP is up because Joe is selling our oil....

 

[candycorn]

It’s official. Recession is over. Thanks Biden!

U.S. Economy Grew 2.6% in Third Quarter, GDP Report Shows

While key segments remained resilient during the third quarter, economists are worried about a possible recession.

www.wsj.com

View attachment 716361

Another win for the good guys.

 

[boedicca]

Winter is coming and there will be widespread famine in 2023 due to nitrogen shortages, destruction of the supply chain and horrible energy policies. Smart people are stocking up supplies now.

 

[Rambunctious]

Another win for the good guys.

A win for China Joe is selling them our oil from our emergency reserves....

 

[candycorn]

A win for China Joe is selling them our oil from our emergency reserves....

The government doesn't sell oil.

Another swing and a miss.

 

[Rambunctious]

The government doesn't sell oil.

Another swing and a miss.

See how misinformed you are?...

House Committee on Energy and Commerce

The Committee on Energy and Commerce is the oldest standing legislative committee in the U.S. House of Representatives and is vested with the broadest jurisdiction of any congressional authorizing committee.

republicans-energycommerce.house.gov

Republicans demand answers on Strategic Petroleum Reserve sale to China firm linked to Hunter Biden

(The Center Square) – After the U.S. Department of Energy sold oil from the U.S. Strategic Petroleum Reserve to a Chinese company linked to the president’s son’s investment firm, Congressional

www.thecentersquare.com