The White House made a mistake by trying to debate the technical definition of a recession instead of focusing on explaining the statistics and the path to equilibrium.
“I think the White House made a mistake in trying to basically think, you know, we all didn't understand what a technical recession was. I think instead we should just focus on what we have to do to get back to solid state equilibrium.”
The All-In Podcast · Jul 2022 · 1 episode · 256K views on this topic
The current economic decline should be labeled a recession, and media coverage is being manipulated to avoid reporting this reality.
“The big news this morning is that we no longer know what a recession is. This is such a vast and complicated question. You might as well be asking what is the meaning of life. Now, I remember in the days of Republican presidents, we had a very simple definition of recession, which was two quarters o”
The All-In Podcast · Jul 2022 · 1 episode · 256K views on this topicExtracted by a model; may misattribute who said what.