4 ms·
> how much more confirmation do we need that we are in a recession? Actual GDP data would be a good first start, no?
by chollida1 2y ago
> how much more confirmation do we need that we are in a recession?
Actual GDP data would be a good first start, no?
- harvodex 2y agolol yea or a few bad jobs reports? I think many got use to the most incredible labor market of a generation or two and we are just now back to something more historically normal.
- burningChrome 2y ago>> lol yea or a few bad jobs reports? Which ones? The ones they released or the ones they re-released after overstating the numbers several times?
- nateglims 2y agoOctober and November were revised up actually. October’s is still pretty bad though w.r.t. expectations
- bigtex88 2y agoNot sure why you're being downvoted for saying something correct. Most of the "jobs reports" seem to be revised after the fact. I fully do not trust any government (Dem or Rep) to tell us the actual truth about the economy. Why would they tell us if things are bad? It doesn't benefit them politically.
- webdood90 2y agoI don't understand the confidence behind this. Is a good economy only based on having a job? Average people are struggling to make ends meet and racking up debt. The gap between pay and the cost of goods has only grown in recent years. How is that good for anyone?
- deleted 2y ago[deleted]