Quote:
Originally Posted by ASAP
Well the govt revised the definition of recession so there is that...
Your definition of stagflation would break the country in like 3 months so that's a bit extreme to say the least. Reality is that inflation is still high, unemployment is consistently rising, retail sales are significantly down, housing market is in a standstill and most gdp growth is coming strictly from govt spending... hate to say it, thats what stagflation looks like in reality.
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No, they did not. People just fail to understand how a recession is defined.