In Communist dictatorships, you knew how bad things were by how much the authorities were willing to admit. If an outbreak killed a thousand people, it would be denied. If it killed a million people, they would admit that a small outbreak had killed a few hundred people. Before Stalin died, he was never sick. Once he died, it was announced that he was in poor health.
Treat Biden’s latest admission the same way.
Biden told CNN’s Jake Tapper on Tuesday that the prospect of a “slight recession” is possible but that he doesn’t anticipate it – even as experts are sounding the alarm about the future of the American and global economies.
“I don’t think there will be a recession. If it is, it will be a very slight recession. That is we’ll move down slightly,” Biden told Tapper in his first exclusive interview with CNN since taking office, adding later, “It is possible. Look, it’s possible. I don’t anticipate it.”
We’re months into a recession. Biden’s response is to deny it and then admit that there might be a “slight recession”. That tells you how bad the administration thinks it is. It’s moving on from flat denials to trying to minimize public perception of the economic disaster.
That’s the approach Biden’s people took with Bidenflation.
“As our economy has come roaring back, we’ve seen some price increases,” Biden said. “Some folks have raised worries that this could be a sign of persistent inflation, but that’s not our view. Our experts believe, and the data shows, that most of the price increases we’ve seen were expected and expected to be temporary.”
They’re still saying this.
If there are reports that an asteroid is headed for the earth, and the Biden administration claims that it probably won’t hit us, but admits it might make a small impact, get ready for the worst.
I guess a depression is coming.
Dems still speak fondly of the great depression. All that federal expansion and assumption of power over the economy. That’s why they still like tagging things as a “New Deal.”
“Never let a crisis go to waste.”
Yeah, those scumbags always Lord it out over our tragedies and hardships.
Isn’t that the same clown that told Barackkk’s “flexibility” buddy Vlad that he could invade Ukraine “a little bit”?
For those not understanding what JoJo’s boy Barackkk meant….it was a sexual thing. What Barackkk was being trained for (By hubby Michael) was being able to bend all the way around to suck the sack while Vlad was impaling him from the rear. Now THAT’S flexibility!!
Ha, ha, ha haw!
“The rules are simple: they lie to us, we know they’re lying, they know we know they’re lying, but they keep lying to us, and we keep pretending to believe them.” Elena Gorokhova
If only 18% of those polled expect Elvis to come out of retirement, but 28% of those polled approve of Biden’s governance, who are these 10%? Can they be contacted short of a seance?
We are technically already in a recession, as Daniel mentioned, but it will be getting worse, not better. He won’t admit it because of the elections.
I actually believe that the American people would rather hear the truth from a politician even if it is negative. Lying to cover up bad performance is politically worse, in my opinion, than admitting that you made a mistake.
But Democrats will never do this – it is all about not taking responsibility for anything bad.
Inflation can also wreck the economy. There are signs of that already. For one thing, the monetary amounts in legislation are generally based on the assumption of fairly stable currency values. But already, the small inflation that we have had so far, is making the monetary amounts in some existing laws absurd. And the political system is so ossified that the laws will never be adequately corrected.