On Sunday’s reliably liberal Reliable sources on CNN, Democrat Party propagandist Brian Stelter predictably bemoaned how the media is “basically caught up in that debate” over whether the United States is now in a recession despite the well-established definition being two consecutive quarters of negative economic growth. Stelter chose to speak to Paul Krugman, a leftist columnist for the New York Times and pseudo-economist.
Before he got to Krugman, Stelter opened by proclaiming “It’s the economy, stupid. What is the best way to cover it? You’re all familiar with the headlines. It’s impossible not to see them. They are hard to miss. And the phrase of the week is recession fears.”
Continuing to whine, Stelter said: “It’s what you see in every banner. Recession fears. Economists seem to be struggling to explain this weird economy, maybe the weirdest economy we ever lived there.”
“People want to know is this a recession or not? The White House debates the definition. This debate is also affecting the media. There’s a lot of confusion about it” Stelter claimed.
Finally finished ranting, Stelter laughably claimed Krugman was a guest he “wanted to interview for a long time” as if anything Krugman has to say is reputable or honest.
“Can we dispense with the recession debate real quick? Are we in a recession and does the term matter?” Stelter asked.
Krugman gave this false and un-nuanced response: “No, we aren’t and no, it doesn’t.” Meaning no we aren’t in a recession and it doesn’t matter if we are or not.
“One sentence, that was it?” Stelter said shocked at Krugman’s short answer.
“None of the usual criteria that real experts use says that we’re in a recession right now. What is important? It doesn’t matter what the state of the economy looks like. Jobs are abundant, although maybe the job market is weakening” Krugman falsely explained.
The New York Times propagandist explained: “Inflation is high, though maybe inflation is coming down. What does it matter whether you use the R-word or not?”
This is important because words are defined and meanings have to be understood. Our economy, under President Joe Biden, has seen two quarters of consecutively negative economic growth. This is called a recession.
Fisher Investments made this biased segment possible. Their information is linked so you can let them know about the biased “news” they fund.
To read the relevant transcript click “expand”:
CNN’s Sources of reliability
31 July 2022
Eastern, 11:28.36BRIAN STELTER – It’s all about the economy. It’s the economy, stupid. So what should we do? You’ve seen headlines. It’s impossible not to see them. Slowing down, decreasing, and shrinking are all signs of an economy. Recession fears are the word of the week. It’s what you see in every banner. Recession fears. The strangest economy that we’ve ever known is being explained by economists seems to be the one most people fear. Is this really a recession? The White House debates the definition. This debate is also affecting the media. This is a confusing topic. So let me bring in a guest that I’ve wanted to interview for a long time. Paul Krugman. His Nobel prize-winning economist status is a given. A distinguished professor at the city university of New York’s graduate center, and a long-time columnist for The New York Times. You are welcome to our program. Thanks for joining us.
PAUL KRUGMAN (Hello,)
STELTER – Can we get rid of the whole recession discussion? Is it a recession? Does the term really matter?
KRUGMAN – No, that’s not true and it certainly doesn’t.
STELTER: That was all it took?
KRUGMAN : This was it. There are no other criteria to prove that the economy is in recession. What is important? It doesn’t matter what the state of the economy looks like. Despite the fact that there are many jobs, it is possible for the market to be weakening. Although inflation remains high, it could be coming down. It doesn’t really matter if you use R-words or not.
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