Is the U.S. in a Recession? Here's What You Should Know

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Whether we’re in the middle of a recession or on the brink of one, no one can really agree — here's what you should know

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The White House is calling this recession a transition…changing the word is supposed to make everyone feel better lol

mugzyb
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Why tf do we have 1 and 1/2 hour videos about press briefings but only shorts about real news?!?

fuzzypickles
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Worst president ever . Let’s go Brandon

steven
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Welp, they are actually figuring we're broke and turning malls in Central Florida malls into apartments. Who ever goes to malls anymore when you have Walmart

flasun
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If you took economics 101 in the 9th grade, you would know the answer is YES WE ARE!!

cordcrimble
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Funny thing is the Trump administration pulled the same tactic.
In 2018 we were 3% GDP for the year.
In 2019 we were at 2.2% for the year.
In 2020 we were at negative 6.5%.

briendoyle
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A recession is defined as a contraction in economic growth lasting two quarters or more as measured by the gross domestic product (GDP).
That's it. We've been using this definition since forever.

Call out the bullsh■t word games whenever you see it.

Hertzlaugh
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Its got to be tiring for this administration to continue to hide everything wrong they've done and admit things to the public. The mental gymnastics they pull is definitely one of kind

GavinCooper
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Yes but the Government cannot appear weak during a time of crisis but a failing at that top

JohnnyYK
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This administration anything can be changed by what you identify it as…

captainAUBS
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Who would have thought we could fix every problem by changing the definitions! Worked for the soviets amma right!

Joe-pchs
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I love it how Wiki was caught in real time changing the definition it's two consecutive declining GDP quarters we're in a recession even if you lefties like it or not under your parties watch.

MikeJAk
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Are people earning less and is your spending power stronger or weaker?

martemis