7 ms·
> The link you posted supports the GP’s assertion that not declaring the current economic situation as a recession is politically motivated. 1/5 indicators sho
by eigen 4y ago
> The link you posted supports the GP’s assertion that not declaring the current economic situation as a recession is politically motivated.
1/5 indicators shows significant decline (real GDP) I'll give you. but 1/5 is slight decline (real income 1% down), the other 3 (employment, industrial production, retail sales) are up. this is based on data available from FRED, do you have data showing otherwise?
links at https://news.ycombinator.com/item?id=33032470#33036403 https://news.ycombinator.com/item?id=33032470#33036403