The Situation: Members of the Biden administration’s declare that America is just not experiencing a recession.
The discharge of second-quarter GDP numbers confirmed the US economic system has now shrunk for 2 consecutive quarters. That’s the long-recognized definition of a recession used within the media, on Wall Road and in Washington.
But President Joe Biden desires to persuade us that the economic system is simply wonderful, so the administration is making an attempt to redefine “recession.” Sorry, Massive Man, you’re not fooling anybody.
Naturally, the Democrats and company media are working with this clear try at gaslighting the American public. Nevertheless it received’t work as a result of each one in every of us can really feel how shaky this economic system is.
Fortunate for them, the Disinformation Governance Board isn’t up and working.
Rob Grien
West Stockbridge, Mass.
Biden and the Democrats’ denial of a recession is classic Orwellian considering: Imagine what we inform you, not what you see and are actually experiencing.
That is insulting to all Individuals and underscores the shortsightedness and naïveté of those that imagine there isn’t any recession.
Jerry Chiappetta
Monticello
Because the nation enters the grip of a recession, the denials are pouring in as normal from Crew Biden.
They suggest extra authorities spending as a way to treatment inflation. After all, inflation hasn’t affected them one iota. They journey at taxpayer expense, so no ache on the pump; they dine within the congressional eating room, so no discover of the worth will increase on the grocery retailer. They’re surrounded by safety always, so no discover of the rampant crime all through the land.
These folks reside in an alternate actuality, and so they both can not or is not going to acknowledge an issue even when it stares them within the face.
The American folks really feel all of it every day, and now we have had sufficient. I don’t need to want away time, however November can’t come quickly sufficient.
Bo Madden
Jupiter, Fla.
What does it take for this administration to simply accept responsibly for what it has finished to the US economic system?
Now the Democrats need to change the definition of a recession. Simply if you suppose they’ve finished the worst they might, they all the time high it with one thing else. In all my years on this earth, I’ve by no means seen something prefer it.
Bob Robustelli
Stamford, Conn.
I suppose the one ones who don’t know we’re in a recession are Biden, Treasury Secretary Janet Yellen, Federal Reserve Chair Jerome Powell and the economists and teachers who can’t learn a easy clarification of what a recession is.
I imagine the remainder of the nation is aware of what a recession is — when they’re nonetheless paying greater than $4 a gallon for gasoline and nearly 10% extra on all shopper items, together with primary meals to feed a household.
All of that is turning into unaffordable, and individuals are reducing again to solely pay for necessities. That’s a part of what’s inflicting a recession, because of Biden.
Now Biden and the Democrats need to spend one other $400 billion, and so they say it can assist decrease inflation. Are they residing in Neverland? It’s going to extend inflation.
Richard Ketay
Newark, NJ
Biden and the Democrats in Congress voted to overspend billions of {dollars}. That’s what brought on inflation. Extra money pursuing the identical quantity of products and companies all the time does.
However now the Biden administration desires to battle inflation by rising curiosity charged by the Federal Reserve. That by no means hurts the wealthy. Massive firms can borrow cash simply. It’s small farmers, small enterprise homeowners and individuals who work for small companies who’re harm most by will increase in rates of interest.
Biden and the Democrats in Congress don’t care about working Individuals. I don’t belief them or like them. I was an elected Democratic Social gathering precinct committeeman. I’m not now.
Woodrow Wilcox
Dyer, Ind.
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