Economists: Actually, the Media's Giddy Chatter About a Looming Recession is Overblown

Thread starter #1
https://townhall.com/tipsheet/guybe...-looming-recession-is-probably-wrong-n2551920


And just for Bobby G and Ridge Walker:

U.S. productivity increased at a decent pace in the second quarter, a trend that could lead to higher wages if it continues. The Labor Department said Thursday that productivity — or output per hour worked — rose 2.3% in the April-June quarter, down from 3.5% in the first three months of the year. The first quarter gain was the best in four years. Greater productivity is a key ingredient in raising living standards. It enables companies to lift worker pay without raising prices on costumers. The recovery, now in its 11th year, has been held back by historically weak productivity growth. It has grown at roughly two-thirds of its historical average since the recession began. Yet productivity has picked up in recent quarters and expanded 1.8% in the past year. That’s below the 2.1% long-term annual average, but better than the 1.3% average increase since the recession began in 2007.
 
I haven't predicted a recession, what's this got to do with me?
 

280bst

Senior Member
Self absorbed "talk show hosts" the whole Socialist Media & Some running for King Socialist are pushing for a Recession. This is how Small & self absorbed these people are really Sad
 

baddave

Senior Member
i don't look at this as any different from any other lie they try to tell their reliably uninformed supporters
 
Top