The US Is Now Officially in a Recession

Negative growth for two successive quarters is a recession. With 9.1% inflation, we are currently experiencing stagflation too.

The Bureau of Labor Statistics just released its first estimate for gross domestic product (GDP) growth in the second quarter. The number was -0.9%. That is the second consecutive quarter of negative GDP growth. That means the country is officially, according to the…

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Dr. Busler is an economist and a public policy analyst. He is a Professor of Finance at Stockton University. His op-ed columns appear in Townhall, Newsmax.

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Michael Busler

Dr. Busler is an economist and a public policy analyst. He is a Professor of Finance at Stockton University. His op-ed columns appear in Townhall, Newsmax.