What is a recession?
Well, it has been defined as two consecutive quarters with negative economic growth for about eight decades.
Why am I asking that definition? Because that is what is going to be reported on Thursday.
The Biden administration, however, is already spinning like a top to convince the American people that a recession is not imminent, nor are we actually in one.
Deny, Deny, Deny
This narrative is all the fault of our worthless mainstream media.
For most of the last four years, when Joe Biden and Democrats said something, it was considered the truth.
As stated above, since the conclusion of World War II, that was the accepted definition of a recession.
With a very bad report about to hit on Thursday, this is how the White House is spinning it…
Bracing for impact: Even if Thursday's GDP report shows a second consecutive quarter of negative growth, you won't hear the Biden admin using the R-word.
The Council of Economic Advisers is redefining what a recession is…🤔https://t.co/HHBYJKqP5V pic.twitter.com/gecR93vPPj
— Jacqui Heinrich (@JacquiHeinrich) July 24, 2022
Republican National Committee spokesperson Will O’Grady hit right back.
While talking to Fox Business, he stated, “Redefining the word will not fix the fact that Democrats wasted $1.9 trillion, resulting in skyrocketing costs for Americans.
“This further underscores how out of touch Biden and Democrats are with the pain families are feeling.”
This administration is crashing and burning and the media only needs to ask the White House one question…
If a Republican president were in office under the same exact circumstances, would they reject that we are in a recession?
I think we all know the truthful answer to that question.
Source: Daily Caller
