The Trump administration's dismissal of economic experts and advisory committees is a dangerous move that could lead to a recession. Can we afford to ignore the warning signs and let politics dictate our economic future?
I posted elsewhere, but I think the real issue is that it really didn’t look like a recession. While technically it was a recession by the two negative quarters definition, if you look at real GDP it’s barely a blip.
I suspect at the time the concern was that calling it a recession would have impacted the recovery. Not that I think that’s a good excuse, but they werent hiding the data. With Trump, he’s trying to hide the downturn rather than trying to rally the recovery.
Calling out Biden here is a very “both sides” centrist kinda mindset.
I posted elsewhere, but I think the real issue is that it really didn’t look like a recession. While technically it was a recession by the two negative quarters definition, if you look at real GDP it’s barely a blip.
I suspect at the time the concern was that calling it a recession would have impacted the recovery. Not that I think that’s a good excuse, but they werent hiding the data. With Trump, he’s trying to hide the downturn rather than trying to rally the recovery.
Calling out Biden here is a very “both sides” centrist kinda mindset.