Call It Whatever You Want, We ARE In A “Recession” | by Jonathan Garner | The Capital | Sep, 2022

Politics has seemed to have gotten involved in the recent debate about whether we are in a “recession.” In other words, there’s now a semantic debate about whether the downturn we are in is really a “recession.”

The background is that, recently, it was announced that we have just had two consecutive quarters of negative GDP growth in the U.S. And on top of that, a commonly…