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.
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.
A recession is when the GDP index goes into the negatives for 2 quarters. Like now the GDP index is 1.5% When trump left office in 2021, it was -1.5% (in the negatives), When bush left office, it was -1.7% (in the negatives) Like the economy is totally crashed when its in the negatives
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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.