Definitions: Recession: (A recession is a significant, widespread, and prolonged downturn in economic activity. Because recessions often last six months or more, one popular rule of thumb is that two consecutive quarters of decline in a country’s Gross Domestic Product (GDP) constitute a recession. A recession is a significant, pervasive, and persistent decline in economic activity).
I know that you all don’t need a formal definition of recession, but I need to have my old mind refreshed. You see, the White via, Janet Yellen, Merrick Garland have going around saying the US is NOT heading into a recession. In fact both of them said the US economy is in good shape. We have added over 400,000 new jobs, and the price of fuel is coming down, and other prices will follow. Yet, the Feds just raised the interest rate by .75.
OK, the Administration is gaslighting us again. It is all in our heads that the economy is bad, and growth is slowing and consumer confidence is low. And so much so they are even trying to redefine recession, so the definition fits their agenda. To top all of this off, the legacy media is carrying the administrations water for them on every news cast or interview segment.
This will be the playbook call for everything this country destroying administration wants to change or redefine.
You know I really believe there must be a Zoom call every morning at 300am that lays out what everyone is supposed to say or comment on in the morning, has to be, as they all same the same thing, even with the same wording. You would think they could switch up a little bit, maybe change the words a little, but nope.
What is really an insult, is that this administration thinks the American public, for the most part, are dumber than a box of rocks and can’t think for themselves, and they can get us to believe anything.
Oh stuff like this will continue until the mid-terms, it has to, or otherwise the mid-terms will be a total bust for the administration.
Think about what your wallet was like before Biden took office. Think about what your finical future was before Biden took office. Think about the strength America had around the world before Biden took office.
There is going to be more and more gaslighting, lying, and just plain crap come out of this administration before it is all said in done, so beware.
Today Is a Blessing, And Tomorrow Is a New Day