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    𝘍𝘰𝘳𝘵𝘺𝘛𝘸𝘰 (fortytwo@noagendasocial.com)'s status on Saturday, 09-Sep-2023 19:55:24 JST𝘍𝘰𝘳𝘵𝘺𝘛𝘸𝘰𝘍𝘰𝘳𝘵𝘺𝘛𝘸𝘰
    in reply to

    "Popularly, we are in a recession because most people think that a recession involves two consecutive quarters of negative economic growth. And we've got that," Desmond Lachman, an economist at the American Enterprise Institute

    Consumer sentiment "now is close to record low levels. They're struggling with high inflation. The wages are getting eroded. They've lost a lot of money on the stock exchange. So, consumers don't feel good about the economy," Lachman added.

    https://www.voanews.com/a/biden-administration-rejects-recession-label-for-economy-/6677730.html

    In conversationSaturday, 09-Sep-2023 19:55:24 JST from noagendasocial.compermalink
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GNU social JP is a social network, courtesy of GNU social JP管理人. It runs on GNU social, version 2.0.2-dev, available under the GNU Affero General Public License.

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