Trump Caused The Recession Before COVID Lockdowns
The National Bureau of Economic Research concluded that the US is in a recession that started in February before COVID lockdowns.
www.politicususa.com
Inflation rose 7% in December...
- Thread starter El Cubano
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www.politicususa.com
Misinformation Mikey strikes again! Comical. I knew I shouldn’t overreact and put you on ignore. Pure comic gold!Trump Caused The Recession Before COVID Lockdowns
The National Bureau of Economic Research concluded that the US is in a recession that started in February before COVID lockdowns.
Rachel Maddow- LOL! Nice sourcing. Certified know nothing lunatic.
Rachel Maddow? She had nothing to do with the findings of the National Bureau of Economic Research. I never used her as a source. www.politicususa.com
Trump was president during a long period of low inflation. We are currently in a period of record-setting global inflation.
You don't have me on anything. You claimed the Covid lockdowns caused the recession. Data shows we were in recession before the lockdowns and Trump made it worse with his handling of the coronavirus!
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Wrong. GDP grew less than expected in Jan, then started shrinking after the virus arrived and after lockdowns. Your dishonesty knows no bounds.
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Coming from you that’s a complement, misinformation Mikey. I love how you ignore that CNN article that quotes the NBEC.
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Can't let a few facts get in the way of a slanted opinion
He’s got a warped opinion. He doesn’t care about facts. Never had.
Like you ignore the conclusion by the NBER that the U.S. was in recession before Covid lockdowns?
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The trillion or what ever was suppose to be billions for ppp so small businesses like mine could keep producing. The dems wouldn’t pass it unless it was a trillion plus with all their non covid related goodies in it so the repubs passed it because they had no choice. A trillion dollars alone is enough to make every citizen in this country a multi millionaire and clearly that didn’t happen.
at the end of the day people still aren’t working which means there’s no manufacturing, truck drivers, ware house faculty, etc. if anything the supply chain is worse now than it was a year ago. I still have basic shit on back order every week like you wouldn’t believe. There are still shit tons of fraters off the coast of California that can’t import because there’s not enough people to process. Doesn’t matter if it’s the medical field or the auto trade, construction materials or food, wine, beer and spirits. That’s just the importing side of it. It’s one thing to not be able to get fiji, bacardi, stela, patron, etc but it’s another thing to still not be able to get a ton of these things that are domestic. It’s literally everything and every place everywhere besides big tech are short staffed.
at the end of the day people still aren’t working which means there’s no manufacturing, truck drivers, ware house faculty, etc. if anything the supply chain is worse now than it was a year ago. I still have basic shit on back order every week like you wouldn’t believe. There are still shit tons of fraters off the coast of California that can’t import because there’s not enough people to process. Doesn’t matter if it’s the medical field or the auto trade, construction materials or food, wine, beer and spirits. That’s just the importing side of it. It’s one thing to not be able to get fiji, bacardi, stela, patron, etc but it’s another thing to still not be able to get a ton of these things that are domestic. It’s literally everything and every place everywhere besides big tech are short staffed.
Over a trillion was injected (unanimously) for less than half of what was needed for covid relief. There’s less than half a billion people in the whole country. Your point is moot. People still aren’t working. Every industry, government and big tech aside are short staffed. Even in government there are a ton of municipalities like schools and police depts that are beyond short staffed. I have a bar tender that just told me that he’s two courses short of graduating with a bach degree but the school keeps telling him that they don’t have enough teachers for his courses so he needs to hang on. You’re reaching here. Why are you so abtruse to what’s going on? What gives? You can’t like what you’re seeing so why do you keep justifying it as the way things should be?
My point is factual. It was wrongly asserted that lockdowns caused the recession. We were already in recession. What I keep justifying is that facts not be distorted to support someones narrative. Why would you have a problem with that?
The pandemic caused the recession, which included the lockdowns. Why continue to deny this?
It doesn’t. That’s what is so odd about your persistence. NBER recession indicators began in March 2020, the start of the lockdowns:
NBER based Recession Indicators for the United States from the Period following the Peak through the Trough
Graph and download economic data for NBER based Recession Indicators for the United States from the Period following the Peak through the Trough (USREC) from Dec 1854 to Jul 2024 about peak, trough, recession indicators, and USA.
fred.stlouisfed.org
Most definitions of recession are economic slowdown of several months. Economic slowdown of one month before lockdown would not be considered a recession by many economists.
It doesn’t. That’s what is so odd about your persistence. NBER recession indicators began in March 2020, the start of the lockdowns:
NBER based Recession Indicators for the United States from the Period following the Peak through the Trough
Graph and download economic data for NBER based Recession Indicators for the United States from the Period following the Peak through the Trough (USREC) from Dec 1854 to Jul 2024 about peak, trough, recession indicators, and USA.fred.stlouisfed.org
Trump Caused The Recession Before COVID Lockdowns
The National Bureau of Economic Research concluded that the US is in a recession that started in February before COVID lockdowns.
www.politicususa.com
Hahaha! Wait, you first call for data, I provide said data from that source you referenced, then pull up a political commentary? Misinformation Mikey, go get some help!Trump Caused The Recession Before COVID Lockdowns
The National Bureau of Economic Research concluded that the US is in a recession that started in February before COVID lockdowns.
Recession officially started in February, researchers say
A record-long economic expansion came to an end before the coronavirus pandemic was declared a national emergency.
Mike, you need enlightenment and a new narrative
While a recession is usually defined by multiple months of economic contraction, the NBER concluded "the unprecedented magnitude of the decline in employment and production and its broad reach across the entire" warranted the designation. Look it up!
Cherry picking quotes. I expect mo less from Misinformation Mikey ignoring the data I presented
"I expect mo less"? The illiterate at it again. I see you also didn't respond to the data I sent you. I really didn't expect a response because it was from Faux News so I knew you couldn't belittle the source!
It was claimed by one of your comrades that lockdowns caused the recession. My point is that we were already in recession before the lockdowns. Simple as that. Have you ignored all the data I've posted attesting to that fact? My sources were ridiculed and you even accused me of sourcing Rachel Maddow. My last post was from Faux News and I've received no responses after that.
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My opinion was based on the NBER conclusion. They provide start and end dates for recessions in the U.S.
I see again you can’t respond to real data i provided. Keep believing your fake news Mikey.
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He really doesn’t. This guy is dumber than both cems and cd, which is unbelievable.
'I see against you can't respond to real data". Total illiterate! You need to take an English refresher course! Are you a HS drop-out? You can't post a coherent sentence.
Typical response from someone who can’t argue the point with real data. Keep up the horrible job, Misinformation Mikey
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