Biden Declares U.S. is Not in a Recession, Scott and Webster Think Otherwise

Biden Declares U.S. is Not in a Recession, Scott and Webster Think Otherwise

Are we in a recession?

Jackson Bakich
Jackson Bakich
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July 28, 2022

The numbers are in: The United States of America is in recession again. Or is it? Politicians and pundits across the nation are arguing the semantics of whether the world’s largest economy is falling on hard times. Politicians including President Joe Biden (D), Rep. Daniel Webster (R-FL), and Sen. Rick Scott (R-FL).

As we’ve stated, the numbers are in according to the Bureau of Economic Analysis. After a 1.6% decline in the first quarter alone, paired with a .9% regression in GDP this quarter, this marks two consecutive quarters with a regressive GDP. This phenomenon is a “widely accepted rule of thumb for a recession,” according to CNBC.

However, the President does not see it that way.

After a giving a speech in which Joe Biden attempted to showcase the current positives in the economy, including job growth in the manufacturing sector, the President ended his address to reporters saying, “That doesn’t sound like a recession to me” and then briskly walks away without taking any questions.

If society accepts the “rule of thumb” mentioned by CNBC above, then, by definition, yes, it’s a recession. The Biden administration is rejecting the rule of thumb, if there is one.

However, lawmakers such as Daniel Webster in the House of Representatives and Rick Scott in the Senate have declared that the Biden administration is either bending the truth, or outright lying.

Webster’s accusation of inauthenticity provided that even though the President is playing semantics, the American people are hurting either way.

“The latest GDP report indicates what we’ve already known, the economy is in a recession. No matter how the Biden Administration defines it, Americans are hurting and more gov spending isn’t the solution. We must stop the spigot of spending and put the American People First.”

Rick Scott included a meme from one of the most successful shows ever, “Seinfeld” and portrayed Biden as one of the characters, George Costanza, who famously said in the show, “It’s not a lie if you believe it.”

Jackson Bakich

Jackson Bakich

Born in Orlando but raised in Lake County, Florida, Jackson Bakich is currently a junior at Florida State University. Growing up in the sunshine state, Bakich co-hosted the political talk radio show "Lake County Roundtable" (WLBE), and was a frequent guest for "Lake County Sports Show" (WQBQ). Currently, he is the co-host of "Tomahawk Talk" (WVFS), a sports talk radio program covering Florida State athletics in Tallahassee.

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