general

Reports of Recession Greatly Exaggerated

The U.S. economy grew by .6 percent last quarter, as it did in the previous quarter, without the benefit of those silly stimulus checks. This means that the country is not sufferring a recession, which occurs when the economy shrinks for two consecutive quarters. This doesn’t mean there’s no cause for concern. Indeed, growth is at its slowest since 2002, and, as excessive taxes and regulations continue to suppress economic activity, the economy will continue to grow at a slower rate than it could absent such government meddling. If Congress is serious about staving off a future recession, it should slash taxes and regulations, soggy pillows over the face of the economy as it gasps for breath.

Sign up for behind-the-scenes updates & gain access to the Sancerres at Sunset library of lifestyle printables.

* indicates required

View previous messages.

You can unsubscribe at any time by clicking the link in the footer of our emails.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.

2 thoughts on “Reports of Recession Greatly Exaggerated

Comments are closed.