Biden’s America is in a ‘Technical’ Recession

White House / Public Domain

On Wednesday, it was revealed that the U.S. economy shrunk by 0.9%, entering into a “technical recession,” according to Fox Business. The outlet reports:

Gross domestic product, the broadest measure of goods and services produced across the economy, shrank by 0.9% on an annualized basis in the three-month period from April through June, the Commerce Department said in its first reading of the data on Thursday. Refinitiv economists expected the report to show the economy had expanded by 0.5%.

Economic output already fell over the first three months of the year, with GDP tumbling 1.6%, the worst performance since the spring of 2020, when the economy was still deep in the throes of the COVID-induced recession.

Recessions are technically defined by two consecutive quarters of negative economic growth and are characterized by high unemployment, low or negative GDP growth, falling income and slowing retail sales, according to the National Bureau of Economic Research (NBER), which tracks downturns.

With back-to-back declines in growth, the economy meets the technical criteria for a recession, which requires a “significant decline in economic activity that is spread across the economy and that lasts more than a few months.” Still, the NBER — the semi-official arbiter — may not confirm it immediately as it typically waits up to a year to call it.

  1. wow color me surprised, make no mistake it is by design, even though the puppet Joe doesn’t realize it. Give him some ice cream and send him to bed

  2. Yeah try to change the definition Biden!!! That does not make it go away except in
    your mind!!!….mind?

  3. re·ces·sion
    Learn to pronounce

    1. 1.
    2. a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.
    3. “the country is in the depths of a recession”
    1. and on the verge of another bankruptcy. What more do you need, to secede? death? They will oblige you. Communist love debt & death

  4. He doing what all but one DemoEvilCrats do lie then keep up the lying so to cover up a failed job his doing.

  5. NEVER DISCUSSED BUSINESS WITH HUNTER, DONT’ KNOW WHY HE TRAVELED THE WORLD ON THE TAX PAYERS DIME,YEA, WE SHARED AN OFFICE BUT HE SAT ON THE OTHER SIDE OF THE ROOM. Why was theAmerican tax payer paying for these Hunter biden trips when he was not working for the US Government? 

    • Ethiopia and India on June 14-22, 2009
    • Argentina on September 14-17, 2009
    • France and Spain on November 9-13, 2009
    • Canada on February 12-15, 2010
    • Dominican Republic on February 18-22, 2010
    • Puerto Rico on March 20-27, 2010
    • China on April 6-9, 2010
    • Belgium, Spain, and the United Kingdom on May 5-8, 2010
    • UK, Egypt, Kenya, South Africa, Ascension Island, U.S. Virgin Islands on June 6-13, 2010
    • Denmark and South Africa on August 9-24, 2010
    • Hong Kong, Taiwan and China on April 16-22, 2011
    • Mexico on May 15-17, 2011
    • Colombia, France, United Arab Emirates and France again on November 1-11, 2011
    • UK and Russia on February 15-18, 2012
    • Germany, France and UK on February 1-5, 2013
    • UK and Ireland on March 20-22, 2013
    • China on June 13-15, 2013
    • Switzerland and Italy on July 26-August 7, 2013
    • Japan, China, South Korea and the Philippines on December 2-9, 2013
    • China and Qatar on May 7-14, 2014


Your email address will not be published.

By submitting this form, I hereby consent to's Terms of Use and Privacy Policy, which permits and its affiliates to contact me.