American Values
What’s A Recession?
The Biden Administration is spending an awful lot of time lately attempting to redefine the word “recession.” The generally accepted definition is two consecutive quarters of negative economic growth as measured by our gross domestic product (GDP).
The next GDP report will be released later this week, and the Biden White House doesn’t want headlines that the U.S. is officially in a recession. So, once again, when reality conflicts with the leftist agenda, leftists demand that reality must give away.
Their frantic efforts to redefine “recession” are laughable because this is the same radical group that is trying to redefine what a “woman” is. Redefining “recession” is small potatoes by comparison.
But it’s a reminder that once you start speaking their lies there’s no end to it. Truth matters.
But don’t worry. Joe Biden insists we’re not going to be in a recession.
Just like he insisted inflation wouldn’t be a big problem.
Just like he insisted that if you take the vaccines you won’t get COVID.
Just like he insists the southern border is closed.
Just like he insists the withdrawal from Afghanistan was an “extraordinary success.”
Just like he insists high gas prices are some sort of “incredible transition.”