the gdp fell by the biggest percentage since the great depression. 22 million americans also jobs in the first few months of the lockdown. remember that? you may not know that at least 5 million of them everyone back to work. they dropped out of the workforce for good. at the same time as fear people were working thanks to the lunacy the national debt rose by ten flame dollars. unprecedented ented along with , our debt to china also rose. at the level of our society every bad became more common. drug ods, suicide, suicide, illiteracy, crime it will skyrocket. every marker, marriages and birthrates dropped. you know what happened because you live here. none of that is even counting the deaths from the coronavirus itself. that s a topic that public health authorities have lied so consistently it will likely never know what the real number is. but we can be confident it was of thousands. every level covert crushed america. centuries-old tradition is to evaporate not a better one
get out the dictionary. we ll define recession for you. here is the bottom line. the biden economy is shrinking as the fed unleashes rapid fire rate hikes to stave off the highest inflation in 40 years. let s get right to it. maria bartiromo joins us now. go ahead and give us the news because they projected .5% on the positive side. the number was a negative .9. we are now in recession and we can confirm that because it is two quarters straight of contraction. the economy shrank in the second quarter by 9/10 percent on top of shrinking in the first quarter by 1.6%. now so far all of the commentary that i m hearing is talking about a shrinking of the economy but the good news for the economy is that job growth has stayed strong. that was why some people were questioning well maybe it is different this time. it is hard to believe that job growth can be up to 300,000 in one month when you are in a recession. what s different this time is that we have an inventory build-up. a l
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