Movies: Biden And Underlings Just about all DENY Recession As Q2 GDP OFFICIALLY Comes In On Negative 0. 9%
It’s “not a recession” It’s a “transition to a stable, steady growth and lower inflation”
As data officially confirmed that the U. S. experienced a second consecutive quarter of negative GDP growth, Later on Biden and his various experts all directly denied the truth of a recession and claimed the economy is “ transitioning” to become “ solid and stable”.
The 0. nine percent shrink came in the heels of a 1 . 6 percent in the first one fourth of 2022.
Despite this clear proof that Americans are now leg deep in recession, Later on Biden says no:
“ Chairman Powell and many from the um, uh, significant financial personnel and economists say we’re not in a recession, ” Biden said.
Instead, Biden stated that the U. S. is just transitioning to stable, constant growth.
“ Now there’s no doubt that we expect growth to be reduced than last year… but that’s consistent with a changeover to a stable, steady growth and lower inflation, ” Biden ludicrously mentioned:
With the gaslighting carried out over the past week , the particular talking point is in and it’s really time for everyone to repeat it:
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