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Videos: Biden Officials Attempting To Change Definition Of ‘Recession’
Francesco Abbruzzino, The Uncensored Report, LLC
As it becomes clear that The U.S. has entered a recession, Biden Administration officials appear to be using semantics to avoid admitting it, with some suggesting ‘its not a recession, it’s a transition’.
Apparently, what once constituted a recession, two continuous quarters of negative GDP growth, somehow doesn’t anymore:
REPORTER: “Two negative quarters, two contracting quarters, means that the economy is in a recession. Do you believe that?”
BIDEN ADVISOR GENE SPERLING: “That is not the actual definition of a recession. It is a significant contractionary period over a few months.” pic.twitter.com/5UFiyspw4D
— RNC Research (@RNCResearch) July 25, 2022
Biden economic advisor Jared Bernstein: “I would really object to this kind of semantic claim … the idea that two quarters of negative GDP growth is a technical definition of a recession is wrong”pic.twitter.com/4AcVyILrae
— RNC Research (@RNCResearch) July 25, 2022
In 2019, now-Biden economic advisor Jared Bernstein defined a recession as GDP “crossing zero.”
In the first quarter of 2022, GDP was -1.6%. pic.twitter.com/ngZsN7H0gM
— RNC Research (@RNCResearch) July 25, 2022
Not now though!
BIDEN: "We're not gonna be in a recession" pic.twitter.com/3uec0oLz1Z
— RNC Research (@RNCResearch) July 25, 2022
‘It’s ok when we do it.’
"What is exactly the White House's definition of a recession?"
KARINE JEAN-PIERRE: "I'm not going to define it from here" pic.twitter.com/GNteaetb0V
— RNC Research (@RNCResearch) July 25, 2022
Janet:
"A common definition of recession is two negative quarters of GDP growth, but I'm officially changing that definition. A recession will now be recognized as SIX quarters of negative growth, or ANY quarter during which a Republican President is in office.— Mark Villano (@MarkVillano2) July 24, 2022
Siri, what is the definition of a recession? pic.twitter.com/xMqebyT08D
— Tommy Pigott (@TommyPigott) July 25, 2022
Even CNN is shaking its collective head at Biden officials’ attempts to fake their way out of admitting they’re in a recession
Amid fears of recession, CNN’s Kasie Hunt slams the Biden administration for denying the definition of a recession:
“You can’t fake this!” pic.twitter.com/gGriut3as8
— RNC Research (@RNCResearch) July 26, 2022
It’s not a recession, it’s a “transition”:
Biden economic advisor Brian Deese: “We are seeing a slowing [economy], that is not only expected but necessary, as we operate through this transition.” pic.twitter.com/9wiJH8NP4Y
— RNC Research (@RNCResearch) July 25, 2022
Biden economic advisor Jared Bernstein says the energy “transition” requires an “aggressive play” to phase out oil and gas pic.twitter.com/UddGicsX3m
— RNC Research (@RNCResearch) July 25, 2022
Embarrassing and shameful, again.
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Facebook decided to just delete my original scoop Facebook page, after it was hacked. Like my new page so that you can continue to get the news and scoop, by clicking — >> here