A sign on the building of the US House of Representatives in Washington. File photoWASHINGTON, Jul 28 Republicans in the U.S. House of Representatives are talking about a recession in the economy after the publication of data on the decline in the country's GDP for the second quarter in a row. «Recession,» House member Jim Jordan wrote on Twitter. party Verne Buchanan went further in his assessment and called the actions of the current administration «madness.» «Definition of insanity? Doing the same thing over and over expecting different results. We are entering a recession and the Democrats are trying to spend hundreds of billions of dollars on Green Deal priorities and raise taxes on Americans who create jobs,» he wrote in microblogging network. Another spokesman, Buddy Carter, also wrote on social media: «Friends, we are in a recession.» Earlier Thursday, the Bureau of Economic Analysis of the US Department of Commerce issued a press release, according to which US GDP in the second quarter of 2022, according to the first estimate, fell by 0.9% on an annualized basis (if GDP grew at the same pace for four consecutive quarters). Thus, the US economy is declining for the second quarter in a row (after declining by 1.6% year-over-year in the first quarter). : The US economy slipped on a banana peel
