The Math Way Beyond Technical Recession

An absurd yet apt metaphor for this year’s predicament. It is widely believed that U.S. real GDP change in the second quarter of 2022 will tally up less than zero, just as it had during the first quarter. Should this happen (the estimate won’t be released until after this article is written), does that mean the recession did?
To answer the question with a better one, who cares?
While the White House and its various proxies are busy angering pretty much everyone across the political spectrum by trying to focus attention on recession by overtly and aggressively attempting to litigate its definition on social media, how bad the first half of the year might turn out to have been is no longer all that relevant…. Source

You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes