Tornado Alley (PROG)

[blackhawks]

'Depression economy'? You're an economics illiterate as well.

You need 2 consecutive quarters of negative GDP to define a f'ing recession, you incredibly uninformed shithead.

You don't see 3.6% unemployment during a depression, nor do you see strong consumer spending.

Measures of underlying demand showed solid growth.

Most important, consumer spending, the engine of the U.S. economy, grew 0.7 percent in the first quarter despite soaring gas prices and the Omicron wave of the coronavirus, which restrained spending on restaurants, travel and similar services in January.

“Consumer spending is the aircraft carrier in the middle of the ocean — it just keeps plowing ahead,” said Jay Bryson, chief economist for Wells Fargo.

https://www.nytimes.com/2022/04/28/business/economy/us-gdp-q1-2022.html