The recession is here, but we’re not allowed to say it.
In hasty preparation for the announcement that the economy had shrunk for two straight quarters, the Biden administration, Democrats and the media hurriedly rushed to redefine the meaning of “recession” even when it clearly conflicted with their pre-existing views.
It’s not a recession, they argued, if we don’t say it is.
58% of Americans already believe we’re in a recession. And that was before the latest news had arrived. Economic lies don’t really work because people experience the effects for themselves.
The media’s attempt to prop up the economic malaise under Obama only made the public distrust the media more. The only thing that a year of lying to the public about the economy, first insisting that there was no inflation and now no recession did was convince the public that there was a recession before it was made official.
While the UK’s Telegraph headlines it as, “US Economy Plunges Into a Recession”, U.S. headlines focus on “strong signals” and debate on the “definition” of a recession.
Much like debating the definition of a woman, debating the definition of a recession won’t work.