US economy shrinks for 2nd straight quarter, raising recession fears

The U.S. economy shrank for a second straight quarter from April through June, contracting at a 0.9% annual pace.

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35 thoughts on “US economy shrinks for 2nd straight quarter, raising recession fears

  1. High interest rates hurts the bottom 99% of Americans and helps the top 1% get more free money through the stock market. Know who the feds and your government work for. They are only out to steal from the bottom 99% to make the top 1% richer.

  2. Biden doesn’t want that word utter, but the recession is already here. Greed has taken its toll for a very long time. We are long overdue for a redo for the economy…

  3. re·ces·sion

    noun

    1.a period of economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.

    good job dems, didn't take long 🤡

  4. ABC News title "raising recession fears" just goes to show how in the tank they are for the democratic party. You can never trust the mainstream media and this is a testament to it.

  5. The Biden Administration has redefined "recession". That's kinda what they do. They make things up to make themselves look good, well, actually make themselves not look as bad as they are. They have never looked good. And… the Alphabet Media goes along. No wonder only 10% of the people trust the Media (those 10% are either real stupid, or tied to the Media). Shameful they allow the Biden Admin lie, lie, and continue to lie, and not challenge them. Thanks ABC for continuing the lie.

  6. Bureau no longer defines 2 back to back quarters of negative growth a recession. LOL. If Trump were president, they would call it the worse recession in decades. Hypocrites before the midterms. Go ahead and shadow ban me ABC News.! Lol Liars all of you

  7. This is the make-believe administration… 2 straight quarters, nope no recession. You can spend your way out of inflation, you can be a woman even if you can't. blah blah blah….. what a disgrace

  8. Ask yourselves one question: WHY IS IT DURING THESE “RECESSIONS” WE the people-who pay these psychopathic “leaders” their RIDICULOUS SALARIES are the ones who suffer while THEY still collect their wages??? I call BULLSHIT!
    It really too bad we didn’t take OUR liberties back on January 6th!!!!
    It’s on baby!

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