CSPAN Washington Journal Heather Long July 13, 2024
We have heard a lot of talk this week about a possible recession, about this company sliding into recession. Define for us what a recession is, and tell us if we are headed into one. Recession in economic terms is six months of negative growth, so the economy is literally shrinking. We goingebate is, are to see that right now . Usually you have to see shrinking growth and substantial job losses. So you need those two things, neither of which are fun or pretty. Week the starting this u. S. Economy literally shut down. For the past three days, i have been in my house. I havent gone out for lunch...