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"The media and government is in denial, so they'd tell you we aren't even in a recession yet." There are costant headlines about layoffs. Also you said that a
by themitigating 4y ago
"The media and government is in denial, so they'd tell you we aren't even in a recession yet."
There are costant headlines about layoffs. Also you said that a recession has a defintion, if that hasn't happened how is the media and government in denial?
- ryanSrich 4y agoLike I said in my comment, it did happen. This summer we hit 2 quarters of negative GDP growth. At the time, and even now, the media is suddenly moving the goal posts and trying to redefine what a recession is.
- themitigating 4y agoBecause there isn't an official definition of a recession. That two quarter isn't a government metric.