Counselor706
Literotica Guru
- Joined
- Apr 24, 2011
- Posts
- 2,665
https://www.theblaze.com/news/cnn-panel-mocks-biden-recession-definitionBeginning last week, the Biden administration has repeatedly claimed the definition of a recession — generally defined as two consecutive quarters of negative GDP growth — is not actually the definition of a recession.
On CNN's "The Lead," a panel of commentators knocked the Biden administration for doing pre-emptive damage control ahead of a potentially negative economic report.
"The Biden administration is trying to point out the definition of a recession is nuanced. But I got to tell you, I struggle with this. I get why they want to do it from a political perspective, but you can't fake this!" host Kasie Hunt exclaimed.
Cillizza agreed that everyone understands why the Biden administration would want to change the definition of a recession, but condemned them for doing so.