Thursday, July 28, 2022

let the recession begin!

Many would say the American recession began a while ago thanks to Biden's utter mismanagement of the economy, but today (Thursday, US east-coast time), an official report is likely to note a contraction in the economy for the second quarter in a row, which is the classic definition of an economic recession. The Biden administration has been at pains, over the past few weeks, to redefine what the word recession means, and/or to claim that a two-quarter contraction of the economy is not the most important factor to look at. In other words, it's the usual hand-waving and shifting of the goalposts to distract the stupid masses from the real problem. Here's Styx (posting a bit prematurely, I think) on today's probable announcement about another economic contraction and what that really means:

I took the above video from Rumble, so there should be, at most, only one ad at the very beginning, and not ads every 30 seconds, like on YouTube.





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