It’s “not a recession” It’s a “transition to a stable, steady growth and lower inflation”

Posted BY: Steve Watson

As data officially confirmed that the U.S. experienced a second consecutive quarter of negative GDP growth, Joe Biden and his various advisors all directly denied the reality of a recession and claimed the economy is “transitioning” to become “strong and stable”.

The 0.9 percent shrink came on the heels of a 1.6 percent in the first quarter of 2022.

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