The Trump administration's dismissal of economic experts and advisory committees is a dangerous move that could lead to a recession. Can we afford to ignore the warning signs and let politics dictate our economic future?
The circled area is the blip that your source is referring to. The giant drop before it is from during Trump’s first term.
Everyone thought we were going to hit a recessesion that would be a big issue. As you can see it was fixed extremely quickly. The wall street journal leans right and was using it as propaganda to promote Republican efforts.
Yeah really our productivity in those terms just dropped to 2016 levels.
Now if you compare to Argentina’s struggles. People can see why there were so many people trying to get out of there. They weren’t criminals being sent out of their prisons, they were people fleeing a giant recession that left them starving.
The circled area is the blip that your source is referring to. The giant drop before it is from during Trump’s first term. Everyone thought we were going to hit a recessesion that would be a big issue. As you can see it was fixed extremely quickly. The wall street journal leans right and was using it as propaganda to promote Republican efforts.
Thanks for adding the additional context!
What’s funny is the covid drop isn’t even that bad either compared to some other recession. So the 2022 blip is really inconsequential.
Yeah really our productivity in those terms just dropped to 2016 levels.
Now if you compare to Argentina’s struggles. People can see why there were so many people trying to get out of there. They weren’t criminals being sent out of their prisons, they were people fleeing a giant recession that left them starving.