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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Author: marco100   😊 😞
Number: of 84351 
Subject: Re: Powell Cannot Say the "S" Word
Date: 11/02/25 1:15 PM
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No. of Recommendations: 4
In reality, 2025 1st qtr. GDP was (0.6); 2nd was 3.8%; 3rd is estimated to be 3.9% by the Atlanta Fed; and 4th qtr is projected to be 1.5% - 2.0% (all annualized).
so
For full year 2025, this works out to a positive GDP grown rate of 2.175% for the full year.

Since the official definition of a recession is 2 consecutive quarters of negative GDP growth, you're going to have to wait until at least sometime in July 2026, when the 2nd quarter 2026 reports come out, before you can hope to claim that a recession has occurred.


The bizarre part is that you're hoping for a recession, undoubtedly so the Dems win the midterm elections.


Progressive values.
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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