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AP Photo/Evan Vucci As we previously reported , the report issued Thursday by the Bureau of Economic Analysis shows the GDP shrunk 0.9 percent in the second quarter. Combined with the 1.6 percent drop in the first quarter, in the eyes of any economist who is not vying to be Joe Biden’s chief bootlicker that means the United States is officially in a recession.
The dreaded “R” word, as we’ve also noted, has been something the Biden administration from the top down has been trying to skate around in recent weeks in apparent awareness that this news was coming down the pike. We’ve seen administration officials from press secretary Karine Jean-Pierre , to Treasury Sec. Janet Yellen , to National Economic Council director Brian Deese , and even Joe Biden himself try to gaslight the American people by proclaiming that we’re not technically in a recession or whatever.
Even on this […]
Excerpt Sourced From: redstate.com
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