Joe Biden and his Marxist cronies continue to lie to We The People, it being to destroy our fossil fuel industry, Afganistan, inflation, food shortages, southern border and the list is too numerous and now he is lying to America that in fact we are not in a recession, and he truly believes by not using the word recession he can get away with it. The latest Rasmussen poll shows that over 67% of the American people believe we are in a recession. It has been understood forever that two straight negative quarters of GDP meant the country was in a recession and that’s the situation America is in now.
The following was posted by Kyle Drennen, published by Fox News: “Washington Post columnist Megan McArdle dismissed the semantics debate over whether the U.S. was officially in a recession and warned Democrats that such “word churn” about the state of the economy was not an effective political strategy.”
“In her Friday piece, titled, “Enough with the ‘is this a recession?’ blather,” McArdle began by asking, “Are we in a recession? Does it even matter?” She noted “that a preliminary Bureau of Economic Analysis report released Thursday shows that the economy contracted at an annualized pace of 0.9 percent in the second quarter, following a decrease of 1.6 percent in the first quarter.”
“Two consecutive quarters of negative gross domestic product (GDP) growth has traditionally been the technical definition of a recession.”
“She warned, “Meanwhile, the constant word churn alienates people who find the neologisms alien and off-putting, especially less-educated voters that Democrats are now hemorrhaging.”
“McArdle wrapped up the column by offering this advice to Democrats, “Sure, you can’t really blame the Biden administration for trying to put a positive spin on things. But the rest of us — and Democrats especially — would be better off if the left spent less time looking for better phrasing and more time finding solutions.”
Cable TV was circulating a video from the 1990’s where President Bill Clinton was asked what the definition of recession was and he defined it as two straight quarters of negative GDP, but he didn’t think it would, but he surely did not try to disguise the meaning of recession.
China Joe Biden constantly has to lie to the American people because his agenda for America is to take it down, he has picked up the agenda of his leader Marxist Obama and that is to transform America to Marxism, and this is truly dangerous for We The People but the American people are finally waking up to this fact as the Marxists will find out in the November 8 congressional elections.