Rep. Tom Cole Column: America in Recession
August 02, 2022
August 02, 2022
WASHINGTON, Aug. 2 -- Rep. Tom Cole, R-Oklahoma, issued the following weekly column:
For several months, Americans have grown increasingly nervous that our nation's economy was heading toward recession. Unfortunately, those fears became a reality last week when the Bureau of Economic Analysis reported that Gross Domestic Product (GDP) declined for a second consecutive quarter, which constitutes an economic recession.
Although President Joe Biden continues to deny o . . .
For several months, Americans have grown increasingly nervous that our nation's economy was heading toward recession. Unfortunately, those fears became a reality last week when the Bureau of Economic Analysis reported that Gross Domestic Product (GDP) declined for a second consecutive quarter, which constitutes an economic recession.
Although President Joe Biden continues to deny o . . .