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The Recession that Dare Not Speak Its Name
Jul 30, 2022 08:40:08   #
fullspinzoo
 
https://spectator.org/recession-that-dare-not-speak-its-name/

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Jul 30, 2022 08:50:48   #
PeterS
 
fullspinzoo wrote:
https://spectator.org/recession-that-dare-not-speak-its-name/

The fed has been trying to slow down the economy why are you surprised that they succeeded?

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Jul 30, 2022 08:57:37   #
PeterS
 
fullspinzoo wrote:
https://spectator.org/recession-that-dare-not-speak-its-name/

Oh, and since you are going to play this as proof of Biden's mismanagement why don't you just go there so we don't waste any time trying to debate something that might be true...

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Jul 30, 2022 09:31:05   #
Liberty Tree
 
PeterS wrote:
The fed has been trying to slow down the economy why are you surprised that they succeeded?


9% inflation is not slowing down the economy.

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Jul 30, 2022 09:33:00   #
Liberty Tree
 
PeterS wrote:
Oh, and since you are going to play this as proof of Biden's mismanagement why don't you just go there so we don't waste any time trying to debate something that might be true...


If Biden has no affect on anything then he should resign. Stop trying to make pathetic excuses for his total mismanagement.

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Jul 30, 2022 09:50:14   #
pegw
 
This is a pretty shallow recession. We have the lowest unemployment rate in years. also the shrinkage was 0.9%.

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Jul 30, 2022 10:00:18   #
fullspinzoo
 
PeterS wrote:
Oh, and since you are going to play this as proof of Biden's mismanagement why don't you just go there so we don't waste any time trying to debate something that might be true...

Nothing to debate. Worst president ever....except for morons on the Left. He's so bad, we hope Dem's lose their mind (already done) and let him run in '24. Won't matter

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Jul 30, 2022 10:02:16   #
fullspinzoo
 
pegw wrote:
This is a pretty shallow recession. We have the lowest unemployment rate in years. also the shrinkage was 0.9%.

Lowest unemployment rate? Show a link.

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Jul 30, 2022 10:04:55   #
fullspinzoo
 
PeterS wrote:
Oh, and since you are going to play this as proof of Biden's mismanagement why don't you just go there so we don't waste any time trying to debate something that might be true...

Proof of Biden's mismanagement. Name a list of productive policies. Get real.

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Jul 30, 2022 10:09:48   #
fullspinzoo
 
PeterS wrote:
Oh, and since you are going to play this as proof of Biden's mismanagement why don't you just go there so we don't waste any time trying to debate something that might be true...

Biden could not be doing a worse job...and the i***ts on the Left try to defend this POS. It makes all of you look like the fools that you are.

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Jul 30, 2022 10:30:25   #
keepuphope Loc: Idaho
 
pegw wrote:
This is a pretty shallow recession. We have the lowest unemployment rate in years. also the shrinkage was 0.9%.


When you can't feed or house your family most people go out and get a second job. I would be interested to see how many people are getting a second job, would you? Would you then say unemployment is low? Would you say there's no recession?

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Aug 1, 2022 04:52:43   #
jack sequim wa Loc: Blanchard, Idaho
 
pegw wrote:
This is a pretty shallow recession. We have the lowest unemployment rate in years. also the shrinkage was 0.9%.


America's economy is in my wheelhouse, not yours.
Unemployment numbers, new businesses opening, existing businesses closing. The methodology of computing has been manipulated by multiple Administrators since 1930's. Since 2008 the greatest methodology adjustments took place in history, now again.
2007-present over 1.2 million small businesses have left the landscape and this number is post New businesses opening.
Using 1929 methodology of computing unemployment, the actual rate was 28%.
Using 1929 methodology to define a "Depression " America entered into a far worse and deeper Depression than "The Great Depression " and we never exited.
Using 1929 unemployment numbers today we rest between 27-29% unemployment
Over 40% of working America's are double and triple counted. 1 part time job= 1 employed, 2 part time jobs = 2 people employed and have 3 part time jobs, now 3 people are employed. Over 98.7% of Jobs since 2020 have not been new jobs, rather job post filled after "P******c " layoffs. Of the remaining 1.3% jobs filled over 80% are government positions, not small businesses.
Each week a percentage of the unemployed receiving unemployment, reach their termination check or last unemployment check under the terms of their State. Still not having a job, now according to methodology of computing "They are no longer reported as unemployed "
A terrific gage how the public is being lied to about "New Jobs Added and Low Unemployment Numbers " is to look at cities and or states recorded numbers of homelessness or displaced without a residence.
The homeless numbers have quadrupled, which is an impossible statistical fact should unemployment be 7% or less. In fact, every major metropolitan city across America, including most every rural county is reporting the highest occupation of emergency shelters in recorded history.

I could add a great deal more details and facts concerning the state of America's economy.
Know this, we're in big trouble. Have passed anything, policies , Federal Reserve intervention, Quantitative easing...nothing can slow the course or path of multiple times higher inflation, than the hyper inflation we now see.

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