Biden Team Goes into Recession Denial

Posted on AllSides July 25th, 2022
From The Right
(Made Nagi/Pool via Reuters)
ANALYSIS

On the menu today: In a week full of big economic-news releases, on Thursday morning, the U.S. will learn if we’ve experienced two consecutive quarters of the GDP shrinking — the traditional definition of a recession. Treasury secretary Janet Yellin and other Biden officials are already arguing that we’re not in a recession — which seems like a clear hint that they expect Thursday’s numbers to be ugly. But to the average American, “recession” is a synonym for “economic hard times” — and with inflation at 9.1 percent, lots of...

Read full story
Some content from this outlet may be limited or behind a paywall.

National Review

AllSides Media Bias Rating: Right
AllSides Media Bias Rating: Right
110136/85823
See full bias rating for National Review
Learn about media bias
https://www.nationalreview.com/the-morning-jolt/biden-team-goes-into-recession-denial/

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right