{"id":276738,"date":"2025-05-19T03:03:39","date_gmt":"2025-05-19T03:03:39","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2025\/05\/19\/ej-antoni-redefines-recession-as-what-the-american-people-feel\/"},"modified":"2025-06-25T17:08:24","modified_gmt":"2025-06-25T17:08:24","slug":"ej-antoni-redefines-recession-as-what-the-american-people-feel","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2025\/05\/19\/ej-antoni-redefines-recession-as-what-the-american-people-feel\/","title":{"rendered":"EJ Antoni Redefines Recession as What the American People Feel"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-56685\">\n\t\t\t\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p>See 0:35 in this <a href=\"https:\/\/www.foxbusiness.com\/video\/6372797420112\">FoxBusiness snippet<\/a> in which he admits that by the 2-quarter rule-of-thumb we might end up being in a recession, but opines that what Americans \u201cfeel\u201d is a better definition.<\/p>\n<p>Interestingly, he makes no reference to his assertion (never retracted) that we\u2019ve been in recession since 2022, to wit:<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/10\/antoni_stonge_fig3.png\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-54200\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/10\/antoni_stonge_fig3.png\" alt=\"\" width=\"710\" height=\"722\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/10\/antoni_stonge_fig3.png 710w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/10\/antoni_stonge_fig3-295x300.png 295w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/10\/antoni_stonge_fig3-624x635.png 624w\" sizes=\"(max-width: 710px) 100vw, 710px\"\/><\/a><\/p>\n<p><em><strong>Source:<\/strong>\u00a0<a href=\"https:\/\/brownstone.org\/articles\/recession-since-2022-us-economic-income-and-output-have-fallen-overall-for-four-years\/\">Antoni and St. Onge (2024)<\/a>.<\/em><\/p>\n<p>My analysis of this wildly detached-from-reality and irreproducible result <a href=\"https:\/\/econbrowser.com\/archives\/2024\/10\/recession-since-2022-magic-asterisk-mystery-meat-special-sauce-approach-to-national-income-accounting\">here<\/a>.<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<footer class=\"entry-meta\">\n\t\t\tThis entry was posted on <a href=\"https:\/\/econbrowser.com\/archives\/2025\/05\/ej-antoni-redefines-recession-as-what-the-american-people-feel\" title=\"6:13 pm\" rel=\"bookmark\"><time class=\"entry-date\" datetime=\"2025-05-18T18:13:27-07:00\">May 18, 2025<\/time><\/a><span class=\"by-author\"> by <span class=\"author vcard\"><a class=\"url fn n\" href=\"https:\/\/econbrowser.com\/archives\/author\/menzie_chinn\" title=\"View all posts by Menzie Chinn\" rel=\"author\">Menzie Chinn<\/a><\/span><\/span>.\t\t\t\t\t\t\t\t<\/footer>\n<p><!-- .entry-meta -->\n\t<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/econbrowser.com\/archives\/2025\/05\/ej-antoni-redefines-recession-as-what-the-american-people-feel\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] See 0:35 in this FoxBusiness snippet in which he admits that by the 2-quarter rule-of-thumb we might end up being in a recession, but<\/p>\n","protected":false},"author":1,"featured_media":276739,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[155],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/276738"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=276738"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/276738\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/276739"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=276738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=276738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=276738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}