This is the funny thing. Our resident communist denied that we went through a recession under Joe Biden, which we did.
The definition of a recession has always been simple, 2 successive quarters of negative GDP growth.
Under Joe Biden we were there. So the leftist Democrat party suddenly revised and rewrote the definition of recession.
Now then, the resident communist said back in April or earlier that we were already IN a recession even though there was not 2 quarters of negative growth under Trump.
Yet, we have now experienced decent growth over the 2nd quarter (3.3%), and last month GDP growth was UP. Estimates are that the US will see a 3rd quarter GDP growth of 3%, so where is this recession?
It appears that economic metrics for the US are positive, so It now appears that Leftist Democrats and our resident communist are wrong.
The fear mongering by our resident communist is just that, fear mongering.
Oh, and he was wrong..... again.
The definition of a recession has always been simple, 2 successive quarters of negative GDP growth.
Under Joe Biden we were there. So the leftist Democrat party suddenly revised and rewrote the definition of recession.
Now then, the resident communist said back in April or earlier that we were already IN a recession even though there was not 2 quarters of negative growth under Trump.
Yet, we have now experienced decent growth over the 2nd quarter (3.3%), and last month GDP growth was UP. Estimates are that the US will see a 3rd quarter GDP growth of 3%, so where is this recession?
It appears that economic metrics for the US are positive, so It now appears that Leftist Democrats and our resident communist are wrong.
The fear mongering by our resident communist is just that, fear mongering.
Oh, and he was wrong..... again.
