Written by on July 27, 2022


Shared By Peter Boykin – American Political Commentator / Citizen Journalist



The United States will find out if we are officially in a recession when the Department of Commerce releases the second quarter GDP numbers. But the Joe Biden regime is literally trying to change the definition of a recession.


A recession is traditionally defined as two consecutive quarters of negative GDP growth.


Q1: GDP declined by 1.6%.


Q2: The Atlanta Fed is predicting another decrease of 1.6


…so if the Atlanta Fed is right, we will be in a recession.


Biden changes the definition of a recession:

The White House put out a ‘blog’, where it claimed:


“While some maintain that two consecutive quarters of falling real GDP constitute a recession, that is neither the official definition nor the way economists evaluate the state of the business cycle.”


“…it is unlikely that the decline in GDP in the first quarter of this year—even if followed by another GDP decline in the second quarter—indicates a recession.”


Joe Biden then told reporters: “We’re not going to be in a recession.”


…this is propaganda. Maybe Biden is using the same economists who one year ago said inflation wasn’t going to happen.


Big picture: The former head of Trump’s National Economic Council, Gary Cohen put it well:


“As president, you are always trying to be optimistic about the economy today and tomorrow. But you risk looking out of touch with voters that are suffering today and who are very concerned about the economic reality of tomorrow.”


[Source: Axios]


#GoRightNews #GoRight with #PeterBoykin


Shared by


Each Month GoRightNews Spends Hundreds of Dollars and Hours To Run This Site and Podcast, with no sponsors or ads this comes out of our pockets, if you like what you see consider donating to the podcast. Thanks!

Support The Podcast

#GoRight with Peter R Boykin


Donate To Support GoRightNews

GoRightNews's Twitter

Go Right News Facebook

Join Peter Boykin on Telegram

@RealPeterBoykin on Telegram

Join Peter Boykin on Facebook

Peter Boykin's Facebook

Join Peter Boykin on GAB

Peter Boykin's GAB

Support The Podcast and Website
To Donate to the Podcast (NOT THE CAMPAIGN)

Support The Podcast

I am text block. Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

[There are no radio stations in the database]