The current recession isn’t technically a recession because the Biden Regime said so.
Biden’s econ advisor Brian ‘Liberal World Order‘ Deese on Tuesday was asked to explain the health of the US economy right now.
The GDP shrank by 1.6 percent in the first quarter of 2022.
The Atlanta Federal Reserve announced earlier this month that the second quarter of 2022 saw a GDP of minus 2.1 percent.
The US is technically in a recession but the Biden Regime refuses to admit the truth.
For now, it’s just a “unique” transition that Americans will have to suffer through for the foreseeable future.
But it’s totally not a recession.
“Well, we’re in a transition, and it feels unique, because it is unique,” Brian Deese said on MSNBC.
“Well we’re in a transition. And it feels unique because it is unique.”
— Chad Gilmartin (@ChadGilmartinCA) July 26, 2022
Joe Biden on Monday straight up denied the US is going into a recession.
“We’re not gonna be in a recession in my view,” Biden said rattling off his talking points that the US is going to go from “rapid growth to steady growth.”
Biden: “We’re not gonna be in a recession in my view” pic.twitter.com/A9Y8TaQRhu
— Greg Price (@greg_price11) July 25, 2022