(Video: Fox Business)
The Biden White House and its apparatchiks are insisting that the country isn’t in a recession and in a sneaky move, have moved to change the meaning of what the term means in advance of the upcoming economic figures that many analysts expect to confirm a second consecutive quarter of negative growth.
On Thursday, the White House Council of Economic Advisers sought to get out in front of the likely bad news in a blog post seeking to move the goalposts on what the definition of a recession is and has been commonly accepted as prior to the most dishonest regime in the nation’s history taking control.
“What is a recession? While some maintain that two consecutive quarters of falling real GDP constitute a recession, that is neither the official definition nor the way economists evaluate the state of the business cycle,” the post reads. “Instead, both official determinations of recessions and economists’ assessment of economic activity are based on a holistic look at the data—including the labor market, consumer and business spending, industrial production, and incomes.”
“Based on these data, it is unlikely that the decline in GDP in the first quarter of this year—even if followed by another GDP decline in the second quarter—indicates a recession,” Biden’s top economic advisers claim in their Orwellian attempt to redefine the term, accompanied by cherry-picked data to “prove” their point.
Bracing for impact: Even if Thursday's GDP report shows a second consecutive quarter of negative growth, you won't hear the Biden admin using the R-word.
The Council of Economic Advisers is redefining what a recession is…🤔https://t.co/HHBYJKqP5V pic.twitter.com/gecR93vPPj
— Jacqui Heinrich (@JacquiHeinrich) July 24, 2022
Twitter reacted to the Biden regime’s linguistic chicanery.
Good morning. We have been in a recession since at least July. Dishonest word spinning from the White House doesn’t change consecutive and negative GDP. It also doesn’t change the painful situation of everyday Americans, caused by Biden’s war on energy.
— Katie Pavlich (@KatiePavlich) July 25, 2022
Sound familiar? https://t.co/V09bhD0FsR pic.twitter.com/ogCGKSYc9b
— Accuracy In Media (@AccuracyInMedia) July 25, 2022
The White House just redefined the term "recession" because we will officially be in one on Thursday. I can't wait for them to redefine the term "depression."
— Pamela Hensley (@PamelaHensley22) July 25, 2022
The Biden Administration is redefining “recession” in an effort to avoid political backlash.
It’s not a recession if you change the definition of recession.
Soviet-level propaganda from a soviet-level regime. pic.twitter.com/bXtvPpOeD8
— BowTiedRanger (@BowTiedRanger) July 24, 2022
“based on a holistic look” or in plain English, a recession is when we decide to call it a recession.
— Robert Karsten (@RobertKarsten6) July 24, 2022
The Ministry of Redefinitions can try all they want. If we have two consecutive quarters of falling GDP, that’s what people will hear. Spinning it won’t help. The Admin’s Clapping Seal Brigade will try hard to deflect.
It. Won’t. Help.
— The Underhill’s Tab (@bfmva7xsp) July 24, 2022
Keep that screenshot.
I expect the definition to be adjusted, just like they did with ‘vaccines’.
— Marcus Pradel (@marcuspradel) July 24, 2022
Why not. They changed the definition of vaccine, they can change the definition of recession. Just write it the way they want and the hell with the truth.
— BJHillimmortal Molon Labe (@hillimmortal) July 24, 2022
If it walks like a duck, quacks like a duck, it’s a recession. And it has been. Try telling this to people who work at dry cleaners, or check out at a grocery store, telling me they are having issues buying gas and paying their electric bills. This was avoidable.
— Louisiana Gurl (@gurl_louisiana) July 24, 2022
On Sunday morning, the regime deployed Treasury Secretary Janet Yellen to get out in front of the Commerce Department’s numbers which are scheduled to be released on Thursday.
“The labor market is now extremely strong,” Yellen told “Meet the Press” host Chuck Todd. “This is not an economy that’s in recession, but we’re in a period of transition in which growth is slowing. And that’s necessary and appropriate, and we need to be growing at a steady and sustainable pace. So, there is a slowdown, and businesses can see that and that’s appropriate, given that people now have jobs, and we have a strong labor market.”
EXCLUSIVE: “Should all Americans be preparing for a recession?” @chucktodd@SecYellen: “The economy is slowing down. […] This is not an economy that’s in recession.” pic.twitter.com/uFwIDLsw7i
— Meet the Press (@MeetThePress) July 25, 2022
“You don’t see any of the signs now,” she said. “A recession is a broad-based contraction that affects many sectors of the economy we just don’t have that.”
In his seminal work on a totalitarian government “1984,” George Orwell foresaw the Biden administration seven decades before it came to power.
“Every record has been destroyed or falsified, every book rewritten, every picture has been repainted, every statue and street building has been renamed, every date has been altered. And the process is continuing day by day and minute by minute. History has stopped. Nothing exists except an endless present in which the Party is always right,” he wrote.
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