Three of the last 4 quarters have posted negative growth. That has been the agreed upon definition for a recession for decades.
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Who cares if it’s qualified as a recession on macro basis or not? Our economy is already going K-shape so a big chunk of people have been experiencing a recession for a while.
i don’t really care about the economy anymore. let’s get everyone fed
Start by lowering food prices. Quit spending money we don’t have which drives up inflation.
If we rejig/torture the numbers, we can make anything say anything.
-Econonists
