Despite the malaise, the U.S. economy continues to defy expectations.
Search Results (192) for: recession
Logically→ A global recession has been planned and coordinated to implement a social credit system in the U.K. similar to China.
Full Fact→ Queen’s funeral was not cover-up for planning global recession
There’s no evidence to support a video claiming that the Queen did not die on 8 September, and that her funeral was a cover-up for world leaders to gather to plan a global recession.
Snopes→ Dow Sinks to 2022 Low As Recession Fears Roil World Markets
The Dow Jones Industrial Average fell 1.6%, closing at its lowest level since late 2020.
FactCheck.org→ Crude Oil Prices Down Due to Recession Fears, Contributing to Lower Gasoline Prices
The average price of U.S. regular-grade gasoline has been falling for weeks, after reaching a record high of over $5 in mid-June. Analysts have said the decrease can mostly be attributed to a drop in the price of crude oil, which has declined largely b
Logically→ Wikipedia changed the definition of recession to favor U.S. President Joe Biden.
Wikipedia temporarily semi-protected its page on rescission to stop an editing war, not to favor President Biden's administration.
AllSides→ Economist slams Facebook for ‘absolutely Orwellian’ fact-check upholding Biden’s recession denial
https://www.foxnews.com/media/economist-slams-facebook-absolutely-orwellian-fact-check-upholding-bidens-recession-denial
Snopes→ Did the White House Change the Definition of ‘Recession’?
"Apparently the White House is changing the definition of recession this week so we can pretend that we’re not in one," said one prominent Biden critic.
Snopes→ US Not Yet in Recession and 4 Other Takeaways from the Fed
The Fed chair said for the first time that the central bank's actions are already having an effect on the economy in ways that could slow the worst inflation the nation has endured in four decades.
Snopes→ US Economy Shrinks for a 2nd Quarter, Raising Recession Fear
The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation may be approaching a recession.
PolitiFact→ Instagram posts – No, the White House didn’t change the definition of “recession”
“The White House is now trying to protect Joe Biden by changing the definition of the word recession.”
Poynter→ What is a recession? Sorting out a confusing topic
In a big week for economic reports, one of the biggest is set to be released on July 28: The first look at how much the nation’s second-quarter gross domestic […] The post What is a recession? Sorting out a confusing topic appeared first on Poy
PolitiFact→ What exactly is a recession? Sorting out a confusing topic
In advance of a big announcement about second-quarter economic growth, there’s lots of confusion about what constitutes a recession. We take a closer look.
AllSides→ Fact Check: Did The White House ‘Change Definition of Recession’?
https://www.newsweek.com/fact-check-did-white-house-change-definition-recession-1727641 The U.S.' econo
PolitiFact→ Lawrence Summers – Fact-checking Larry Summers’ formula for unemployment, inflation, and recessions
“When you have unemployment below 4% and inflation above 4%, recession always follows within two years.”
AllSides→ The COVID-19 Recession Officially Ended Before Biden Took Office
https://www.factcheck.org/2021/10/the-covid-19-recession-officially-ended-before-biden-took-office/ The
FactCheck.org→ The COVID-19 Recession Officially Ended Before Biden Took Office
The recession caused by the COVID-19 pandemic officially lasted just two months and ended in April 2020. But Transportation Secretary Pete Buttigieg wrongly credited President Joe Biden for guiding “this economy out of the teeth of a terrifying r
Snopes→ Powell Warns of a Possible Sustained Recession from Pandemic
Federal Reserve Chair Jerome Powell warns that there still could be widespread bankruptcies among small business and extended unemployment for many people.
New York Times→ Trump’s Baseless Claim That a Recession Would Be Deadlier Than the Coronavirus
The opposite is more likely to be true, according to research and experts.
Snopes→ Stocks Tumble, Investors Dash for Cash amid Recession Fears
Stocks tumbled more than 5% on Wall Street.
Snopes→ Ex-Fed Chair Volcker Dies, Tamed Inflation with Recession
Paul Volcker, who as Federal Reserve chairman in the early 1980s elevated interest rates to historic highs and triggered a recession as the price of quashing double-digit inflation, has died.
PolitiFact→ Bernie Sanders – Bernie Sanders overstates recession aid to Wall Street banks
The Truth-o-Meter says: Half-True | Bernie Sanders overstates recession aid to Wall Street banks Sen. Bernie Sanders marked his return to the campaign trail after a heart attack with a huge outdoor rally in New York City. Sanders stayed focused on
Snopes→ 74% of Economists in Survey See US Recession by End of 2021
A strong majority, 74%, of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump's economic policies that they expect a recession in the U.S. by the end of 2021.
PolitiFact→ Elizabeth Warren – Elizabeth Warren says manufacturing is in recession, but signs are mixed
The Truth-o-Meter says: Half-True | Elizabeth Warren says manufacturing is in recession, but signs are mixed Elizabeth Warren issued a warning about the economy with the dire headline "The Coming Economic Crash — And How to Stop It."
Snopes→ Budget Watchdog Says No-Deal Brexit Will Spur UK Recession
Britain is due to leave the EU on October 31.
Snopes→ Did Bill Maher Say He Hopes for a Recession ‘to Get Rid of Trump’?
The always-provocative HBO talk show host stands accused of taking "Trump-hatred" to a whole new level.
PolitiFact→ Tennessee Republican Party – Tennessee GOP's slam on Democrat Phil Bredesen's jobs record overlooks Great Recession
The Truth-o-Meter says: Half-True | Tennessee GOP's slam on Democrat Phil Bredesen's jobs record overlooks Great Recession The U.S. Senate race in Tennessee is starting to heat up. Phil Bredesen, the leading candidate for the Democratic nomination,
Truth or Fiction?→ US Budget Deficit
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Truth or Fiction?→ US Budget Deficit
{ "@context": "https://schema.org", "@type": "ClaimReview", "url": "https://www.truthorfiction.com/us-budget-deficit/", "claimReviewed": "Tax cuts often don't fully pay for themselves through economic growth", "itemReviewed": { "@type":
FactCheck.org→ Trump’s Distorted NATO ‘Delinquent’ Comments
At a rally in South Carolina, Donald Trump said that when he was president, he told the leader of a large NATO country that if the country was “delinquent” in its payments to NATO and Russia attacked it, “I would not protect you. In
FactCheck.org→ Biden’s Numbers, January 2024 Update
Summary Para leer en español, vea esta traducción de Google Translate. Here’s how the United States has fared since President Joe Biden took office three years ago: The economy added more than 14 million jobs. The number is now nearly 4.
The Dispatch→ Some of My Big 2024 Questions
Will we avoid a recession? Will China’s recovery continue to fizzle? Is this the year for AI? And more.
Truth or Fiction?→ Unraveling the Truth: Is Mount Everest the Sun’s Closest Point on Earth?
Earth, the awe-inspiring third rock from the sun, with its soaring mountains and deep valleys, has intrigued us since time immemorial. One of the most celebrated apexes of our globe, Mount Everest, has especially fascinated us not merely for its impr
FactCheck.org→ Biden’s Numbers, October 2023 Update
Summary Para leer en español, vea esta traducción de Google Translate. Since President Joe Biden took office: The economy added 13.9 million jobs, putting the total 4.5 million higher than before the pandemic. The unemployment rate dr
FactCheck.org→ Biden’s Numbers, July 2023 Update
Summary In our seventh installment of this feature, gauging how various factors have changed under President Joe Biden, we found: The economy added 13.2 million jobs under Biden, putting the total 3.8 million higher than before the pandemic.
Truth or Fiction?→ FDR and the Business Plot of 1933
On July 6 2023, a post to Reddit’s r/todayilearned subreddit shared a post about United States President Franklin Delano Roosevelt (FDR) and “The Business Plot” of 1933: TIL of The Business Plot of 1933, a failed attempt t
FactCheck.org→ Debt Ceiling Talks Go Down to the Wire — Again
The U.S. government will likely run out of money “in the first two weeks of June.” That’s when the Congressional Budget Office expects the Treasury Department will have exhausted the “extraordinary measures” it has been taking since Jan. 19
FactCheck.org→ Khanna Voted For — and Against — Raising Debt Limit During Trump Era
In the early hours of Feb. 9, 2018, Rep. Ro Khanna voted against a budget bill that also raised the federal debt limit. Khanna opposed the bill because it did not include a provision to protect so-called Dreamers — immigrants who were brought to
FactCheck.org→ Biden’s Numbers, April Update
Summary Here’s how things have changed in the U.S. so far under President Joe Biden, who announced on April 25 that he is officially running for reelection: The economy added 12.6 million jobs under Biden, putting the total 3.2 million hi
FactCheck.org→ No Evidence Excess Deaths Linked to Vaccines, Contrary to Claims Online
SciCheck Digest COVID-19 vaccines substantially reduce the risk of dying from COVID-19, and serious side effects are very rare. Excess deaths among working-age adults in 2021 and 2022 were driven by COVID-19 and other factors, not vaccination. Faul