The Biden Recession
Jul 28, 2022 ·
14m 8s
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Description
This morning the Commerce Department announced the economy shrank by 0.9% in the second quarter of 2022. That comes after the announcement last April that the economy contracted by 1.6%...
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This morning the Commerce Department announced the economy shrank by 0.9% in the second quarter of 2022. That comes after the announcement last April that the economy contracted by 1.6% in the first quarter of this year. Now, the United States has had two consecutive quarters of negative economic growth, which is the popularly accepted definition of a recession. So it's official: The U.S. is in a recession.
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Information
| Author | Radio America |
| Organization | Radio America |
| Website | - |
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