Liberal World Order: Biden Econ Advisor Says US Not Technically in a Recession Despite Back-to-Back Quarters of Negative Growth (VIDEO)
Biden’s economic advisor Brian Deese twisted himself into a pretzel as he tried to explain why the US is not “technically” in a recession.
Brian Deese appeared on the liberal networks on Monday as Covid Joe isolated at the White House.
The White House on Sunday downplayed recession fears by redefining the term recession.
The Atlanta Federal Reserve announced earlier this month that the second quarter of 2022 saw a GDP of minus 2.1 percent.
The GDP shrank by 1.6 percent in the first quarter of 2022.
As TGP reported previously, the US GDP is on a downturn and has been down with the last all-time high being in October of 2021. That is now more than six months ago.
Recessions are typically marked by an economy shrinking in back-to-back quarters, measured by gross domestic product.
Meanwhile, the Biden Regime is gaslighting Americans and claiming the US is not currently in a recession.
“We are seeing a slowing [economy], that is not only expected but necessary, as we operate through this transition,” Deese said on CNN Monday morning.
Brian Deese also appeared on MSNBC where the host allowed the Biden official to gaslight and lie about the economy.
“Certainly in terms of the technical definition, it’s not a recession. The technical definition considers a much broader spectrum of data points,” Deese said.
BRIAN DESSE: “Certainly in terms of the technical definition, it’s not a recession. The technical definition considers a much broader spectrum of data points.”
Because a recession isn’t so bad if they change the definition first, right? pic.twitter.com/G8R5HU8X7p
— Daily Caller (@DailyCaller) July 25, 2022
This must be the “liberal world order” Brian Deese spoke about a couple weeks ago.
Joe Biden’s Director of the National Economic Council last Thursday let the mask slip when asked what he would tell Americans who can’t afford high gas prices for years to come.
“What do you say to those families that say, ‘listen, we can’t afford to pay $4.85 a gallon for months, if not years?’” CNN host Victor Blackwell asked Brian Deese.
“This is about the future of the Liberal World Order and we have to stand firm.,” Biden advisor Brian Deese said.