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[–] 71 points 3 years ago (3 children)

Remember when the USA experienced two consecutive quarters of negative growth (commonly recognised metric for a recession) and then they just said "Ope, sorry! It's not recessionary enough for us to call it a recession"

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  • [–] 23 points 3 years ago

    So they basically said "doesn't count if there is jobs growth". As long as you can keep creating 10 precarious gig worker jobs for every 9 full time jobs that are eliminated then the economy is doing great!

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  • [–] 13 points 3 years ago

    Remeber when the US economy collapsed in 2007 and ever since then it's been propped up by speculation, free money, zomvie companies that cannot and will never turn a profit, bailouts, and outright fraud, all while the living conditions of the people continue to decay and live expectancy plummets?

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