4 ms·

Who debated the 2020 recession? It didn't have two quarters of real GDP growth, but it did have massive job losses. https://en.wikipedia.org/wiki/List_of_rece

Who debated the 2020 recession? It didn't have two quarters of real GDP growth, but it did have massive job losses. https://en.wikipedia.org/wiki/List_of_recessions_in_the_United_States https://en.wikipedia.org/wiki/List_of_recessions_in_the_Unit...

fullshark 4y ago
Well I just found Paul Krugman writing about the "COVID-19 Recession" here on april 30: https://www.nytimes.com/2020/04/30/opinion/economy-stock-market-coronavirus.html https://www.nytimes.com/2020/04/30/opinion/economy-stock-mar... Looked at national review, can't even find an article about the subject; https://www.google.com/search?q=recession+site:nationalreview.com&tbs=sbd:1,cdr:1,cd_min:1/1/2020,cd_max:5/1/2020&tbm=nws&sxsrf=ALiCzsZCusalFgjnP-DNhW-9KQ1YgyZfYw:1664568970424&ei=ik43Y7K8GcmA0PEPhYKhyAI&start=0&sa=N&ved=2ahUKEwiyqb7Rqr36AhVJADQIHQVBCCk4ChDx0wN6BAgBEDw&biw=1440&bih=764&dpr=2 https://www.google.com/search?q=recession+site:nationalrevie... Everyone was preoccupied with other questions mostly at that time, and a lot of the debate was if policy X was too costly economically, more so than "are we in a recession?"
- nzealand 4y ago
  Krugman didn't debate recession semantics. My point is, if you are going to claim we are in a recession now, to be intellectually consistent, you also have to claim that 2020 wasn't one of the shortest and sharpest recessions ever in history...
  - fullshark 4y ago
    Oh i thought you were curious, to test my theory with people on the left and right that are fighting now over it what they used to say. I looked at Krugman because he's a major figure on the left saying we aren't (or weren't 2 months ago) in a recession https://www.irishtimes.com/business/economy/2022/07/29/paul-krugman-recession-is-a-matter-of-definition/ https://www.irishtimes.com/business/economy/2022/07/29/paul-... I just looked and National Review even wrote this on the subject at the time - https://www.nationalreview.com/corner/recession-are-we-there-yet/ https://www.nationalreview.com/corner/recession-are-we-there... so maybe I need a better representative for the right and left to measure intellectual consistency. IDK I'm not that interested in finding partisan hacks in the online debate on the subject. I will say just looking around, observing metrics and being told this isn't a recession the country is going through right now seems absurd.

fullshark 4y ago

Well I just found Paul Krugman writing about the "COVID-19 Recession" here on april 30: https://www.nytimes.com/2020/04/30/opinion/economy-stock-market-coronavirus.html https://www.nytimes.com/2020/04/30/opinion/economy-stock-mar... Looked at national review, can't even find an article about the subject; https://www.google.com/search?q=recession+site:nationalreview.com&tbs=sbd:1,cdr:1,cd_min:1/1/2020,cd_max:5/1/2020&tbm=nws&sxsrf=ALiCzsZCusalFgjnP-DNhW-9KQ1YgyZfYw:1664568970424&ei=ik43Y7K8GcmA0PEPhYKhyAI&start=0&sa=N&ved=2ahUKEwiyqb7Rqr36AhVJADQIHQVBCCk4ChDx0wN6BAgBEDw&biw=1440&bih=764&dpr=2 https://www.google.com/search?q=recession+site:nationalrevie... Everyone was preoccupied with other questions mostly at that time, and a lot of the debate was if policy X was too costly economically, more so than "are we in a recession?"

nzealand 4y ago
Krugman didn't debate recession semantics. My point is, if you are going to claim we are in a recession now, to be intellectually consistent, you also have to claim that 2020 wasn't one of the shortest and sharpest recessions ever in history...
- fullshark 4y ago
  Oh i thought you were curious, to test my theory with people on the left and right that are fighting now over it what they used to say. I looked at Krugman because he's a major figure on the left saying we aren't (or weren't 2 months ago) in a recession https://www.irishtimes.com/business/economy/2022/07/29/paul-krugman-recession-is-a-matter-of-definition/ https://www.irishtimes.com/business/economy/2022/07/29/paul-... I just looked and National Review even wrote this on the subject at the time - https://www.nationalreview.com/corner/recession-are-we-there-yet/ https://www.nationalreview.com/corner/recession-are-we-there... so maybe I need a better representative for the right and left to measure intellectual consistency. IDK I'm not that interested in finding partisan hacks in the online debate on the subject. I will say just looking around, observing metrics and being told this isn't a recession the country is going through right now seems absurd.