PM: President Biden spoke on Thursday to address an agreement made in Congress on the Inflation Reduction Act of 2022, a watered-down Build Back Better plan that got Senator Joe Manchin’s vote. Manchin had been a hold-out against the former plan.
At the end of his remarks, he said “Let me speak to one other issue: the GDP, and whether or not we are in a recession. Both Chairman Powell and many of the significant banking personnel and economists say we’re not in recession.” In this, Biden repeated his Monday claim.
“But let me just give you what the facts are in terms of the state of the economy,” he went on. “Number one, we’ve a record job market of record unemployment of 3.6 percent. Today, we have created 9 million new jobs,” he said, discussing the recently House-passed CHIPS Act, funneling money into the tech sector.
The Biden administration last week changed the definition of a recession to be more dependent on unemployment numbers, an area where the US is currently doing fine. The old definition stated that a recession is underway when two consecutive quarters show declining GDP, as was announced this morning. more here
Liars lie.
And Biden cannot do otherwise – he caused the recession and he’s too much of a coward to take responsibility for it.
mortem tyrannis
izlamo delenda est …
Simple solution: round up all the liberal assholes including biden’s commie handlers stand them up at the edge of an open pit and eliminate them…that goes for his supporting RINOs too!
Then install Trump where he should be!
This is all I heard on this subject:
https://www.youtube.com/watch?v=zDAmPIq29ro
I think we should continue to call it the “Biden Recession”. That will piss him off and he becomes a real asshole when he’s pissed. And more exposure to the ” Asshole in Chief” may help voters decide in the mid-term elections.
@Justin Case July 28, 2022 at 3:58 pm
> Then install Trump where he should be!
Yer gonna need a bigger pit.
“There is no recession” < YOU ARE HERE
“The Recession is transitory”
“Covid caused the recession”
“Supply chain caused the recession”
“Putin caused the recession”
“What will the GOP majority do about their recession?”
Is there any words Brandon and company cannot redefine or undefine?
Hey Brandon! This isn’t Prime Rib.. It’s a SHITBURGER!
But it’s a really great shitburger.
I recall the media declaring we were in a recession during W’s presidency, and they beat the drum so hard they talked us in to one. Assholes.
With a new and improved formula of 50% more shit. Eat hardy, peasants, it’s good for you and our economy because we the democraps say so. And if you don’t like it. we’ll add even more shit to make it even better.
He’s lying like that so the LoFo voters believe him and think other are lying wjen actually telling the truth.
Wrong planet Asshole!
Jill’s got you so jacked up on drugs you don’t know whut yer lying about THIS week!
All we know is that you lie as a knee jerk response to anything and there isn’t a bigger jerk than YOU!
Hey geoff, you reminded me that life is like a shit sandwich. The more bread you have the less shit you gotta eat. 🙂
Are shit sandwiches made with brown bread?
Just like the new leftist definition of recession, *Joe is “holistically” evil, corrupt and a lie.