Biden Caught In Cover Up
You won’t believe this.
The possibility of the United States facing a recession seems very high right now. Some economist have even gone as far as saying that it is guaranteed to happen at this point.
President Biden and the White House however are not only ignoring the chances of a recession, they are now trying to change the definition of the word “recession!”
We will say it again, President Biden is trying to change the definition of “recession!”
President Biden and the White House are now planning on putting us into a recession that was completely their fault but they will also tell the American people that it isn’t a recession and don’t worry.
We know this because according to Fox the council of economic advisersĀ are now changing the rules and saying that two consecutive quarters of falling GDP does not mean the United States is in a recession. Don’t be fooled THAT MEANS RECESSION!
In a new blog post the council of economic advisers actually dared to write, “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.”
It is clearly stated on countless economic text books that “Economists typically consider two consecutive quarters of negative GDP a recession.”
This is absolutely insane.