According To The People Who Make The Call, We're Not In A RecessionPosted By James Brown |
Do you personally agree that we are not in a recession? I've seen some nuanced, but unpersuasive arguments that even though we have 2 quarters of contraction this is still not "technically" a recession. Like I mentioned to Rich, I don't necessary think the politicians are "lying." Maybe under some sort of nuanced caveat to the basic definition we do not qualify. Perhaps you can explain it. Serious question there.Originally Posted by Rod Kaufman
So, according to you, both Powell and Sweet are "lying to your face". How about Yellen, is she lying too? Seems like anyone who disagrees with what you think is lying about it. Must be some sort of conspiracy, huh? Or, maybe, just maybe, you're totally full of it...
I am confident that most everyone who thinks about it believes we are in recession. The nuanced denials comes across as political spin, and if you look at Biden's numbers it is obviously ineffective spin.
Jim