Re:US economy returned to growth last quarter, expanding 2.6%
by itsoktocry on Thursday October 27, 2022 @12:38PM
(#33360196)
>This is the weirdest "recession" I can remember. Business leaders are constantly talking about how challenging the economic environment is and the need for layoffs etc
I think people's sense of timescale is off. Business leaders are talking about things that we likely won't see for months.
This isn't rocket science; we have insane inflation, rising interest rates, a strong USD and tightening monetary policy around the globe. Where do you see the growth coming from? Have you considered that "things aren't that bad" might benefit one or the other party during the upcoming election?
I think people's sense of timescale is off. Business leaders are talking about things that we likely won't see for months.
This isn't rocket science; we have insane inflation, rising interest rates, a strong USD and tightening monetary policy around the globe. Where do you see the growth coming from? Have you considered that "things aren't that bad" might benefit one or the other party during the upcoming election?