The United States has been in a recession for years.

By Free Republic | Created at 2024-11-19 13:41:41 | Updated at 2024-11-25 21:32:11 6 days ago

The United States has been in a recession for years.
dlacalle.com ^ | 17 November 2024 | Daniel LaCalle

Posted on 11/19/2024 5:27:43 AM PST by arthurus

The entire improvement of the labor force since 2021 came from foreign workers, and the employment-to-population and labor force participation ratios remained significantly below 2019 levels. Real wages were stagnant in the past four years using official figures. Investment was weak, and the Russell 2000 index, which includes the top small-cap companies generating most of their business in the US, reflected an insignificant 1.8% sales growth and no real earnings growth between 2021 and November 2024.

(Excerpt) Read more at dlacalle.com ...

TOPICS: Business/Economy; Society
KEYWORDS: bidenomics; recession

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1 posted on 11/19/2024 5:27:43 AM PST by arthurus

To: arthurus

This matches what we have seen with our own eyes.

2 posted on 11/19/2024 5:31:23 AM PST by rlmorel ("A people that elect corrupt politicians are not victims...but accomplices." George Orwell)

To: arthurus

Interesting.
My bosses didn’t know what they were doing. They didn’t care as long as there was a profit. The missed opportunities got us in trouble but our job was to follow orders.

3 posted on 11/19/2024 5:32:40 AM PST by DIRTYSECRET

To: arthurus

A look to Shadow Stats would offer similar analysis.

The "official" governments' information is become a manipulative tool for said governments -- plural -- to hide their failures.

Browsing Shadow Stats is eye-opening.

To: rlmorel

So William Shatner is wrong?

5 posted on 11/19/2024 5:33:12 AM PST by Ge0ffrey

To: arthurus

Exactly right. You can’t run up the cost of fossil fuels and not start a recession. That’s exactly what Bidenskyyyyyyy and his VP, Harriskyyyyyyy/Walzkyyyyyyyyy did. The Energizer Bunny isn’t real. It’s a myth. America cannot run entirely on batteries.

6 posted on 11/19/2024 5:39:23 AM PST by FlingWingFlyer (Let's Go Brandon! FCS (Schumer))

To: Worldtraveler once upon a time

The entire improvement of the labor force since 2021 came from foreign workers,

and with increased government hiring which has provided a large chunk of "increased employment" and has boosted the official GDP numbers ehile actually depressing the actual economy further by the effect of government crowding spending out private investment

7 posted on 11/19/2024 5:41:00 AM PST by arthurus (covfefe mu)

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