showed the economy contracted 0.9 percent in the second quarter of the year, offering Republicans a tantalizing opportunity to declare that the economy under President Joe Biden is now in a recession.
But Republicans are poised to cast aside all the economic technicalities and bash Democratic candidates up and down the midterm ballot over an economy that is alreadywith voters in both parties who are seeing prices for gas, food, travel and nearly everything else rise 9 percent, much faster than their own wages. Fresh data on inflation arrives on Friday.
The unemployment rate is near record lows. Job openings remain high and consumer spending is still fairly strong, undermining the case that we are in recession. And the first quarter’s negative numbers were heavily skewed by technical factors on inventories and trade.and could now sink even lower, anchoring the economy as a dead weight on Democrats already widely expected to suffer significant losses in the midterms, particularly in the House of Representatives.
No you’re in a recession!
'Republicans assault Cathedral operatives with inconvenient facts'
A Democrat created recession.
The USA is in a recession because of Biden & Democrats disastrous economic policies but 'it's Republicans fault for saying that out loud' is ridiculous cope. The Democrat party is a disaster. Their economic, domestic, foreign policies are a DISASTER. Are you media or propoganda?
If you needed proof of who is doing the brainwashing, its right here in this article.
That’s a lot of words to say that we’re in a recession. Thank you to Joe Biden’s emotional low info voters.
It's so nice of you guys to carry water for this administration.
You are DNC propaganda.
Supply chain shortages seem to be the big culprit in the GDP slowing down. Covid variants also has an impact in my opinion.
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Fears of a recession? It’s the definition of a recession! Excuse me, this is the actual definition of a recession. I realize it is not the Democrats definition. Sorry, no, as a lead propagandist for the Biden Administration, you guys don't get to carry his water changing the definition with 'stoking fears of a possible recession.'
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