Instead of looking at all the current data that may suggest it, the official

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Nov 29, 2022
8:26:55am

runitup590 Intervention Needed

word will come from NBER in 12 months to tell us that 18 months ago, a recession started.

Or something like that.

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runitup590

Bio page: runitup590
Joined: Jun 8, 2013
Last login: Mar 31, 2024
Total posts: 8,856 (13 FO)

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Messages

Author

Time

Are we officially in a recession yet?

conetah

11/29/22 8:24am

Depends on the newest definition. Under the old one, yes.

Benfica1

11/29/22 8:26am

Instead of looking at all the current data that may suggest it, the official

runitup590

11/29/22 8:26am

No. But we are experiencing inflation, shrink-flation, a dropping housing

IBe_WhyYou

11/29/22 8:30am

The HARD recession won't hit till the first quarter of 2023. Watch.

bleedsblue

11/29/22 1:44pm

The first half of 2023 will be rough. I think earnings reports have still been

TailgateU

11/29/22 5:36pm

We have a Dem POTUS..so no...if it were a GOP POTUS then yes

Don_Juan_El_Guapo

11/29/22 8:43am

Sadly, this is 100% correct.

BlueBlood94

11/29/22 8:51am

Could you imagine the media reaction to this inflation if we had a republican

Ojiisan

11/29/22 8:56am

Would we have THIS inflation with a Republican President? Inflation, yes, 8%, no

moknowssports

11/29/22 2:22pm

“Officially” no. But when you look back at this time period 5 years from now I think we’ll say we were

JollyGreenGiant

11/29/22 8:59am

All 3 of my brothers got laid off in the last 3 months.

Yucatan

11/29/22 9:06am

To be fair, this isn't just Biden's fault.

conetah

11/29/22 9:11am

Of course, I know that. He definitely isn’t helping the situation though.

Yucatan

11/29/22 9:21am

I don't think he's capable of critical thinking anymore.

TailgateU

11/29/22 5:38pm

It is mostly his fault. His "war on fossil fuels' is a major contributor.

coolblue

11/29/22 10:01am

We often say Biden's doing a lousy job, but actually, he's doing what he wants.

IBe_WhyYou

11/29/22 11:30am

Exactly. What appears to be incompetence is often intentional execution.

Yucatan

11/29/22 11:35am

I do blame Biden for a lot, but the last 10 months under Trump laid much of the

TailgateU

11/29/22 5:40pm

Um. You mean Covid? And getting the vaccine w/ distribution plan?

Benfica1

11/29/22 6:25pm

I was talking about stimulus payments and pressure on the Fed to drop rates.

TailgateU

11/29/22 8:49pm

and then exacerbated by Biden.

Benfica1

11/29/22 10:04pm

Correct.

TailgateU

11/30/22 12:09am

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