US economy shrinks in 2nd quarter



A report from the Commerce Department is raising fears of recession as the economy has shrunk for two consecutive quarters as Americans face the highest inflation in a generation.

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Original source (ABC/Youtube)

45 comments

  1. They covering this up until election night.

  2. Do you need multiple times your cash?? I suggest you the
    above name who as been my guardian angel with $8000
    today in my wallet

  3. Why suddenly all the celebrities who keeps on whining on Trump are SILENT on what Biden is doing right now?

  4. Why is milk $5.50 a gallon?

  5. So when is the elephant in the room GREED going to be addressed before things get out of hand.

  6. Biden is too stupid to think for himself. Doesn't know what he's taking about unless it's on a teleprompter.

  7. They said this is what happens when america this is what happened when america is shut down for two and a half years because of a virus, everything will continue to go up until companies get back the money that they lost during the two and a half year america was shut down because of the virus so don't be surprised if america do end up going into a recession all because of greed

  8. 40% of the MSM are admitting we are in a recession, little by little they're admitting it's the Biden Administration's fault. The economy begin to officially collapse in February of 2022. The MSM are admitting it about 6 months after? The MSM is part of the problem why we are under a recession.

  9. Something needs to be done about landlords charging whatever they please for rent.

  10. Biden and the Press Secretary might even deny a Recession if it gets to a third Quarter being bad. It would not surprise me when they called a Recession, after just two bad Quarters on negative GDP growth on a Republican President "WATCH", but would need three to five Negative GDP quarters to happen on a Democratic President's WATCH to declare a Recession then.

  11. this lady complaining about $1,200/month for a 1 bed, meanwhile I'm paying $2400 for a 370sqft studio… smh

  12. About to be the second coming of the Great Depression

  13. American peoples is suffering, starving and struggling now, <but the US government is worried about the Ukrainian government and peoples.

  14. HiThe Market has been pretty bad until today
    it decided to surge. Everybody was
    Practically Crying then. It kept dipping.
    That's what you get when you feel you can
    navigate the process on your own. Big
    thank to Clone hack I'm not bothered
    with how bad the Market is because my
    assests are insured due to his advice and I
    still receive my profits😧

  15. The Market has been pretty bad until today
    it decided to surge. Everybody was
    Practically Crying then. It kept dipping.
    That's what you get when you feel you can
    navigate the process on your own. Big
    thank to Clone hack I'm not bothered
    with how bad the Market is because my
    assests are insured due to his advice and I
    still receive my profits😧

  16. n.y. is getting messages prompting their citizens to be ready to leave the city in an instant in case of a nuclear attack. this is not done by any other cities in the us. it's as if they know something. as history is witness, many political establishments have utilized self-induced domestic attacks so to incite their people in uniting against some greater external threat. most likely in the months to come, n.y. will fall victim to a small yield nuclear attack. the administration will thereafter use this occurrence so to unite the now divided beyond belief population into starting a global conflict against china, russia, iran, and north korea – on which they will put the blame for the 'unprovoked' action. it is assumed, as per historic evidence, that such a conflict will revitalize the american economy, will settle many social matters (as many people will become brethren in suffering, disbelief, and eventually also in arms as they join to go to war), and will ultimately stagnate brics (an alliance that if left unchecked will take full control of the world within two years at most). the tactic is brilliant for from the moment the us announces those who are supposedly responsible, those nations will not hesitate to react since they know that america will mean business in their response. and the actions of these now enemy states of the west will prove to the west that they were correct in their observations. but rest assured that the whole entire performance has been put on only by one actor….and actor that is seeing how divided its audience is domestically, how the ticket sells (ie economy and social morality) have fallen drastically so to threaten to either close and/or burn down the entire theatre.

  17. This administration will reinvent the English language by the end of the year, lets see we have reinvented what a vaccine is, what ivermectin is used for, genders words, and now economic words. A complete CLOWN SHOW this entire administration, I'd even argue given some of the policies and corruption we are finding on Hunters laptop, TRAITORS

  18. This is all apart of the Protocols of Zion

  19. We're is the 80millions biden' voters now they are happy now that inflation and recession is happening now oh my Lord shame by the Biden and kamala's administration ,and shame to the demonscrats cults because of this Americas collapsed

  20. <<If you want to do one thing right this year check fidel peter carthy

  21. A rebellion gonna hit as well

  22. Time to move out the US

  23. IN FOREX/CRYPTOCURRENCY INVESTMENT YOUR FAILURE CANT BE INSURED, AND YOUR SUCCESS ALSO CAN'T BE GUARANTEED UNTILL YOU GOT AN EXPERT TRADER WHO'S A PROFESSIONAL IN THAT VERY FIELD

  24. Not fairness,we are in recession already

  25. Russias economy is doing better as theyre selling their gas to Middle East and US is buying from them. The US recessions is on its way.

  26. Sleepy Biden… wake up

  27. The world feels the recession but the administration details no such thing exists. Must be nice to be nieve and senile

  28. When its so bad the main stream news media attempts to redefine what a recession is you know its a lot worse. If this was Trumps economy it would be on every news network 24/7 being called the great depression 2.0. Build back better 😅🤪

  29. US economy shrinks as well as every other country in the world. Just say the whole world economy is shrinking.

  30. When a non-partisan organization bows to politics, it becomes a political organization. If Trump was POTUS, ABC would be saying a recession is here and we are headed for a depression by the end of the year, which is actually where we truthfully are!

  31. Remember those stimulus checks we got? Well here's the result:

  32. Let’s go Brandon 🤡🤡🤡🤡

  33. Vote Trump back in dammit.

  34. the same people who are telling us we are not in a recession told us that Inflation is Transitory, that their riots are Fiery But Peaceful, and that the Taliban wouldnt retake Afghanistan. If any of us normal were people were this bad at our job we would be FIRED. The same needs to go for this administration especially Biden and Yellen.

  35. How did, Build Back Better” turn into… Pay Lots More for Way Less ?

  36. Even with the inflation and recession, I’m so excited to be earning $90 million dollars every 2-3 hours from my investment. I’ll soon be a billionaire in a few days.

  37. It's called a recession Joe….