We reported that the Bureau of Economic Analysis released a report Thursday showing that the GDP decreased by 0.9 percent over the second quarter. Combined with the 1.6 percent drop in the first quarter, in the eyes of any economist who is not vying to be Joe Biden’s chief bootlicker that means the United States is officially in a recession.
The dreaded “R” word, as we’ve also noted, has been something the Biden administration from the top down has been trying to skate around in recent weeks in apparent awareness that this news was coming down the pike. We’ve seen administration officials from press secretary Karine Jean-Pierre, to Treasury Sec. Janet Yellen, to National Economic Council director Brian Deese, and even Joe Biden himself try to gaslight the American people by proclaiming that we’re not technically in a recession or whatever.
Even on this day, after the numbers that confirm it were released, Joe Biden is still trying to pull the wool over people’s eyes, declaring in a written statement earlier that “we are on the right path.” Even worse, during what was billed as a “press conference” at the White House where Biden was touting the $670 billion Biden/Manchin/Schumer deal, a petulant Biden stood there before the cameras and listed off partisan actors including senior members of his administration as saying we were not in a recession, as though that makes it true:
Joe Biden keeps lying to American citizens:
“We’re not in a recession.” pic.twitter.com/t2rXYB4a4D
— RNC Research (@RNCResearch) July 28, 2022
And then, almost immediately after that, Biden ended the so-called “presser” by running away from the press without taking a single question:
That doesn’t seem like a recession, to me.
Biden asks ZERO questions about the Q2 GDP showing that America is in a recession. pic.twitter.com/BipE8GK1Yn
— Townhall.com (@townhallcom) July 28, 2022
That’s just pathetic and, quite frankly, cowardly, especially coming from a guy who oftentimes said on the campaign trail that the buck stops with him.
Biden inherited an economic rebound from Trump and immediately set about to undo it once he took office. He did this with a mix of executive and Congressional actions, including shutting down Keystone Pipeline.
And beyond that, there are very few people in this country who are sitting around their kitchen table paying the bills and trying to make ends meet who are quibbling over whether or not this is “really” a recession. It is what they know from their wallets.
As Sen. John Kennedy (R-La.) correctly pointed out in a Fox News interview after the GDP report was released, “Most Americans don’t really care about this debate or how many economists can dance on the head of a pin. Their perception of a declining economy and increasing prices is classic stagflation. It’s called classic stagflation.”
“And the bottom line is the economy sucks,” Kennedy also stated. “And it’s not going to get any better.”
Not as long as Democrats are in control and Joe Biden is president, that’s for danged sure.
Related: CNN Polling Expert Puts the ‘Ow’ in ‘Ouch’ for Democrats by Explaining Just How Bad It Is
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