White house changes the defination of Recession

WHat is with leftist/democrats and them changing the language all the time? Do they think we are stupid or something? HOly fuck just acknowledge it and take the big cock to your chin like a man your senile tard.
JUST CALL IT WHAT IT IS. every body knows it. I AM 90% percent sure this was written by a women, this oozes reddit, why are they so godamn condescending.
>>le economics is the saem as astrology.
>> Modern monetary theroy is the futur trust us gois.
republicans are low iq fucks, atleast they don't play word games, they just blame it on the demoretards.
I fucking hate journos and everything they stand for.

recession is a weasel word built on top of a weasel metric (gdp), so it's understandable that they would play fast and loose with the definition. it's characterized by two successive negative GDP readings only when convenient for narrative reasons. this definition isn't "written down" anywhere because it's always been bullshit. the monetary system is bullshit

Lmfao, damn Peter

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This still doesn't top when they changed the definition of vaccine.

Now is the time to panic. The only reason they would do this, is if they knew something was terribly wrong. Before 2008 they did this same kind of bullshit. The only thing they could do before the bubble burst was to say everything was fine and hope.

> Before 2008 they did this same kind of bullshit.

could you go into more detail?

You have to be fucking shitty me. What a fucking joke. This is also bearish as hell--- it means that the dems are resigned to the Fed bumping rates and will be presenting a unified front with "there is no recession" when midterms come around. it will be plenty hilarious though watching them try to convince average people that everything is great in the economy when every boomer's retirement account is down 20% and CPI is still through the roof

exactly

Dems: "we have tackled inflation without denting markets and with the economy at record highs"

I told you we were getting a 100bps rate hike this week you fucking faggots do you think dems give a shit anymore

Zip trader has new video about it on YouTube, I recommend it. Basically everybody up it till the point shit hit the fan, downplayed and dismissed how bad things were actually were. The fed, as well as others, know that they're words affect the market, so they tell everybody everything is fine or not that bad no matter what. It's like we're dogs, and they're petting us, and telling us we're a good boy right before we're euthanized. Seriously, changing the definition of a recession is bearish as shit.

they literally put biden in to have le old dementia white man take the fall for all the bad shit that's gonna happen before they give republicans 2024 and retool as actual WEF approved "socialists" over the next decade

> down 20%

Lol this is being optimistic

Dems don't actually control what the fed reserve does. It's like blaming the president for bad weather.

No one takes this administration seriously. His approval rating is below trumps record low. People with a fucking brain will continue to follow the stand definition of “recession”. Fuck this old bastard.

This isn't real, why do you retards willingly get worked up over literal fake shit

>Unemployment is low
>A lot of people had to get 2nd jobs to afford to live so unemployment is low
>Wages lagging majorly behind rising cost of living
>Inflation is double digts right now
>2/3 of America has less than $500 in the bank

IF THE CRITERIA THAT DEFINES A RECESSION HAPPENS WERE NOT IN A RECESSION OK

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This is expected and pathetic. It really doesn't matter what they want to call it though. The economy sucks, a lot of people are in crisis and Biden's policies are a major part of the problem. Instead of trying to improve things he's just pointing fingers. What a horrible leader.

Based recessions are racist and aren't real. Now turn the money printer back on.

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whitehouse.gov/cea/written-materials/2022/07/21/how-do-economists-determine-whether-the-economy-is-in-a-recession/

>Zip trader
thanks fren

whitehouse.gov/cea/written-materials/2022/07/21/how-do-economists-determine-whether-the-economy-is-in-a-recession/
cope you fucking post-truth society shill nigger, that doesn't work when you can literally just google the first line and get the link

>he thinks the soviets wern't a dysgenic mess

>how to destroy your currency.

Bad news guys I think I'm going to have to pull my money out and invest in twinkies.