LogFAQs > #966895132

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Topic	GDP number will be announced today.
yillin 07/28/22 9:59:28 AM #21:	Government isn't going to call it a recession regardless if it is or not. For the past week news programs have been talking about the traditional definition of a recession and whether or not we are moving into one while Government is saying that the traditional definition is not the true definition and because Chair Powell says we aren't in a recession, then we aren't. Apparently the job market is too hot for this to be a recession. --- There's a calm before the storm and the western front is quiet. I've got Rembrandt as my right hand and Solo as my pilot. <cite>yillin posted [p:966895132] in GDP number... [t:80109375]...</cite> <quote>Government isn't going to call it a recession regardless if it is or not. For the past week news programs have been talking about the traditional definition of a recession and whether or not we are moving into one while Government is saying that the traditional definition is not the true definition and because Chair Powell says we aren't in a recession, then we aren't. Apparently the job market is too hot for this to be a recession. --- There's a calm before the storm and the western front is quiet. I've got Rembrandt as my right hand and Solo as my pilot.</quote> ... Copied to Clipboard!
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