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by themitigating 1253 days ago
"The media and government is in denial, so they'd tell you we aren't even in a recession yet."

There are costant headlines about layoffs. Also you said that a recession has a defintion, if that hasn't happened how is the media and government in denial?

1 comments

Like I said in my comment, it did happen. This summer we hit 2 quarters of negative GDP growth. At the time, and even now, the media is suddenly moving the goal posts and trying to redefine what a recession is.
Because there isn't an official definition of a recession. That two quarter isn't a government metric.