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Are we in a recession now?

Updated: 4/28/2022
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11y ago

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No the USA hasn't been in recession since 2009. some might say we are but since 2009 the GDP 'GROSS DOMESTIC PRODUCT'

OR a conglomerate of what the entire nation produces (sales ) has increased. we are still suffering from a backlash which could be blamed on companies that realized that they could do the same amount of work with fewer employees, so why would they hire any extra people. but once we reach a certain cap they will no longer be able to keep up with demand and therefore they will have to get new employees which in turn will spend there earned money on other companies which will hire more employees to keep up with the need. This is why stimulus programs are needed because if people don't spend we cant create jobs. but if people are unemployed, how can they spend money. Unemployment is a vicious cycle, that is not to be confused with RECESSIONS. They certainly do go hand in hand. but are not the same thing.

SO AGAIN ... NO WE ARE NO LONGER IN RECCESION

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