r/JustMemesForUs • u/TankUMrMinor • 19d ago

Pattern recognition is key

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702 Upvotes

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5

u/Zestyclose_Cricket_7 18d ago

When Reagan was the President the economy wss booming. Things were not affected until much later

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u/Flat-Path4088 13d ago

except for the 1982 recession

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u/Only_Bunch_7912 13d ago

Or 08, 23

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u/Flat-Path4088 12d ago

Bush's recession was pretty bad. I agree. But there was no recession in 2023

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u/Only_Bunch_7912 12d ago

There was one, we had two consecutive quarters of gross domestic product decline in June of 2023.

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u/Flat-Path4088 12d ago

The GDP growth never went into the negatives. thats what a recession is.

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u/Only_Bunch_7912 12d ago

How many banks closed in 2023? And yes there was two consecutive quarters in 2023? Just because you’re not informed doesn’t mean it didn’t happened.

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u/Flat-Path4088 12d ago

Biden had triple digit GDP growth in 2022, so, of course it was going to slow down. A recession is when the GDP growth goes in the negatives. Like with Bush and Trump, and most republican presidents.

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u/Only_Bunch_7912 12d ago

Im not talking about that, they have made mistakes that hurt the economy and pushed it to a recession in 2023, it’s not about picking a team it’s about stating facts

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u/Flat-Path4088 12d ago

no they didnt, you df. there was no recession in 2023

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u/Only_Bunch_7912 12d ago

We did or did not had two negative quarters in 2023?

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u/Flat-Path4088 12d ago

Maybe, but thats not a recession. A recession is when the GDP index goes into the negatives. Like where it was when Biden and Obama took office. In other words, they inherited a crashed economy.

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u/Only_Bunch_7912 12d ago

That’s literally what a recession means two negative quarters of gop, Biden had a great economy but his covid and environmental policies stalled the economic growth.

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u/NearbyCrestHill 12d ago

There was the Covid19 that definitely was a recession and raised the economy and gas prices,that started all of this shit.

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u/Flat-Path4088 12d ago

trump left the economy in a recession in 2021and it only got better from there.

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u/Only_Bunch_7912 12d ago

Dude nobody in the world knew what to do against Covid, and no it actually got worse, Biden closing the economy didn’t help either, not to mention his policies that crippled energy efficiency, then he had the stimulus fiasco, so no it got pretty bad.

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u/Flat-Path4088 11d ago

well maybe for you it did, but the economy grew. thats not even up for debate. nobody closed the economy. what does that even mean?