Joe Biden again claims "we're not in a recession." pic.twitter.com/7dcGm239eO
— TheBlaze (@theblaze) July 28, 2022
It's not a recession, it's a 'transition.'The Biden Administration is redefining “recession” in an effort to avoid political backlash.
It’s not a recession if you change the definition of recession. Soviet-level propaganda from a soviet-level regime. pic.twitter.com/bXtvPpOeD8 — BowTiedRanger (@BowTiedRanger) July 24, 2022
Treasury Secretary Janet Yellen insisted that "This is not an economy that's in recession," before parroting the "transition" narrative.?? White House Press Secretary Karine Jean-Pierre denies claims that the US is in a recession, says "we are in a transition."
(via @TheView) pic.twitter.com/sqmVK7uhk0 — Watcher.Guru (@WatcherGuru) July 28, 2022
Nevermind Biden's own economic advisers defining recession as two quarters of negative GDP growth as recently as last May (h/t Philip Wegmann). Given the recent 'confusion' on the topic, perhaps we need a former president to set the record straight?TREASURY SEC. JANET YELLEN: “This is not an economy that’s in recession. We’re in a period of transition in which growth is slowing, and that’s necessary and appropriate."pic.twitter.com/tzRtURrUH8
— Breaking911 (@Breaking911) July 25, 2022
What say you, Karine Jean-Pierre? Read more at: ZeroHedge.com"A recession is two quarters in a row of negative growth."
-- President Clinton, Dec. 19, 2000 pic.twitter.com/h04jcPX7P3 — Howard Mortman (@HowardMortman) July 28, 2022
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