Is america in recession?

Question

why or why not? and what can we do about it?

Answer 1

Nah, it's just that we all decided that having good paying jobs is a real pain in the butt.

Answer 2

technically recession is two quarters of bad performance.  We have the bad performance.  We might not have two full quarters of it yet.

Answer 3

A recession is when the economy is experiencing slow or even negative growth for two quarters. However, given what is happening in the economy, such as rising gas, oil and food prices, and falling house prices, it would be surprising if the country does not fall into one. We'll have to wait and see.

Answer 4

If oil is abundant in Arabian countries and natural resources in Asia persists, the U.S. will not meet any recession.  The only aim of the U.S to  loot all the natural resources and oil of these countries and consume the same as their own.

Answer 5

Yes

Answer 6

The definition of a recession is two consecutive quarters with declining GDP. We haven't had one yet. If we are in a recession now, it only started July first.