Recession

Facebook sparked outrage among free speech advocates when it fact-checked a senior economist with the American Institute of Economic Research for spreading so-called misinformation. The platform flagged the economist for — get this — correctly defining the word “recession.”

Liberal billionaire George Soros is pushing back big time against critics of woke prosecutors that he helped elect across the country. He claimed in a recent commentary that the “agenda” of his “reform-minded prosecutors” is both “popular” and “effective.”

On Thursday, the Biden Administration reported that two key measures show inflation has risen significantly, further fueling surging prices – and economics professors are warning that, if passed, Democrat’s Inflation Reduction Act of 2022 will make matters even worse.

On Sunday’s reliably liberal Reliable Sources on CNN, Democrat Party propagandist Brian Stelter predictably bemoaned how the media is “basically caught up in that debate” over whether the United States is now in a recession despite the well-established definition being two consecutive quarters of negative economic growth. Instead of bringing in an actual economist, Stelter decided to…

Wikipedia, a site funded by George Soros, followed the liberal media’s lead in shielding the Biden administration on bad economic news. The online encyclopedia literally redefined the word recession on its website in recent days.

Facebook fact-checker PolitiFact played the role of the village idiot by fact-checking an Instagram post that dared to slam the Biden White House for redefining the word “recession.”

A broken clock is right two times a day and on Thursday, CBS The Late Show host Stephen Colbert was that clock. Even Colbert could recognize the spin from CNN and MSNBC when it came to those networks doing everything they could to avoid claiming the economy has entered a recession after two quarters of negative GDP growth.

It is Thursday, and on this edition of Morning Joe, barely a word uttered about January 6! The main highlight this time was the GDP numbers being released, and the show’s relief host Willie Geist did not seem too happy about what these numbers represent: America in a recession.

The Associated Press pathetically tries to explain why what is now a recession according to the standard definition is not necessarily a recession.

On Thursday morning, the Commerce Department released 2nd quarter GDP numbers showing that for the second quarter in a row, the economy suffered negative growth. For any American with a basic understanding of economics, that means the United States is officially in a recession. But according to the broadcast news networks, that doesn't mean we are in a recession.

Four liberal outlets peered into their crystal balls and declared that the economy would show signs of growth, not shrinkage, just days and weeks ahead of the government’s second-quarter GDP report. 

Despite the spin from the White House and their allies in the liberal media, the Biden Recession is here and we’re living through it. But according to the cast of ABC’s The View on Thursday, only “some say we are officially in a recession” and climate change is “more important” than the financial pain and struggles of average Americans.

Stephanie Ruhle is the host of The 11th Hour and MSNBC’s chief business correspondent and it is in that later role that she appeared on Thursday’s Jose Diaz-Balart Reports to discuss the state of the economy. For Ruhle, the story of inflation is not massive amounts of Biden spending, but that Biden is stuck in the middle of world events and that Republicans have no solution…

Don’t worry about the floundering economy, the White House has explained that it is simply “recalibrating.” That’s according to the network journalists on Thursday who parroted the Biden administration’s attempt to redefine a recession as something other than two quarters of negative growth.