recession

Welcome to the full employment recession

The economy has just seen two successive quarters of negative growth in Gross Domestic Product (GDP).  That means we are…

3 days ago

CBO Director Admits The Economy May Already Be In Recession

The economy could already be in a recession, the Congressional Budget Office (CBO) said in a Thursday letter sent to…

2 weeks ago

Most Americans Think US Is In Recession

A majority of Americans believe that the country is currently in the midst of a recession despite the Biden administration’s…

2 weeks ago

Even Democrats Used To Know Raising Taxes During A Recession Is Bad. What Changed?

During a recession is precisely not the time to raise taxes — even Democrats used to believe that. In the…

2 weeks ago

‘Whiplash’: Economists Warn Labor Market Is Next Victim of Inflation

The labor market is beginning to cool, as the number of job openings fell in June and labor force participation…

2 weeks ago

NYT Economist Says Americans Who Believe We’re In A Recession Have Been Duped By Media

New York Times columnist and economist Paul Krugman said the reason Americans believe the United States is in a recession…

2 weeks ago

‘That Sound You’re Hearing Is The Goalpost Moving’: Tucker Rips Media For Recession Flip-Flop

Fox News host Tucker Carlson tore into the Biden administration and media outlets Thursday night over their efforts to spin…

2 weeks ago

Are We In A Recession? It Doesn’t Matter To Americans Who Are Hurting, Economists Say

The Biden administration has disputed that the U.S. is actually in a recession despite two consecutive quarters of negative GDP…

3 weeks ago

The US Is Now Officially in a Recession

The Bureau of Labor Statistics just released its first estimate for gross domestic product (GDP) growth in the second quarter.…

3 weeks ago

‘Oh My Gosh’: CNBC Host In Disbelief Over Dismal GDP News

CNBC host Rick Santelli reacted with shock to new Gross Domestic Product (GDP) numbers released Thursday. “Oh, my gosh,” Santelli…

3 weeks ago

Who Really Needs a Definition of Recession?

Social media is ablaze with a dispute over whether the US economy is in a recession. The debate was prompted…

3 weeks ago

Biden: ‘We’re Not Gonna Be In A Recession’

President Joe Biden told reporters Monday that he’s not worried by speculation that the U.S. economy might be in a…

3 weeks ago

Economist Dismantles Biden Admin’s Attempt To Redefine Recession With One Chart

The White House has been challenging a commonly-used definition of “recession” in advance of economic data coming out Thursday, but…

3 weeks ago

Wall Street Is Freaking Out About One Major Recession Indicator

Wall Stree investors and economists are sounding the alarm over a yield curve inversion, one of the most reliable indicators…

4 weeks ago

A Slowdown is Coming and its Time For YOU to Quit Spending

The European Central Bank (ECB) announced Wednesday that it will have to issue its first rate hike in 11 years.…

4 weeks ago