It does not appear that the Biden administration is going to finetune itself to economic reality at any point soon, given the nonsense that its supposed economic advisors recently spewed across the mainstream media.
Just consider the utterly absurd commentary from economic advisor Brian Deese, who apparently thinks that failing to define the word “recession” will somehow eliminate the reality of what Americans are actively dealing with now in terms of inflation.
No matter how the White House wants to define the word “recession,” it cannot negate the reality that countless Americans are suffering now under simply bad White House policies.
Not that some sniveling liberal like Deese would have any clue how to relate to the average American, as evidenced by his utterly absurd commentary.
“Two negative quarters of GDP growth is not the technical definition of recession,” Deese sniffed, “it’s not the definition that economists have traditionally relied on. There is an organization called the National Bureau of Economic Research, and what they do is they look at a broad range of data in deciding whether or not a recession has occurred.”
Uh, gee, wow, Mr. Deese.
For starters, congratulations on recognizing the National Bureau of Economic Research! One would only imagine that an economic advisor would probably be aware of such a bureau, and thanks for informing the rest of the nation about a rather well-known organization.
Secondly, as far as whether or not the nation meets the “technical” threshold for a recession, does it really matter, in light of the fact that multiple Americans are now reporting skipping meals or skipping gas, depending on whichever is the biggest need?
Needless to say, Deese drew enormous derision from a number of different reporters, who marvelled at the White House’s ability to remain completely checked out from Americans.
“Why should the average American – who is really concerned about their personal economic situation, and their wages aren’t increasing as fast as inflation, they’re struggling to put food on the table, fill up their tank – why should they care if the U.S. is definitionally in a recession or not?” one reporter mused.
Why indeed? After all, the average American isn’t debating the finer points of technical definitions in some graduate economics seminar, where Mr. Deese clearly just emerged from.
“I wonder if you could help us understand how much weight the White House puts on that definition versus just the simple reality that the majority of Americans right now just feel like we are living through a recession right now,” another reporter drawled.
Given the fact that the White House is heavy on academics and limited in experience, it is safe to say a bunch of overpaid sycophants likely spent days debating some definition, rather than actually doing the hard work of passing policies that can give Americans a desperately needed break from nonstop economic chaos, courtesy of Democrats.
As usual, one of the best jabs of all came from Peter Doocy at Fox News, who challenged Mr. Deese directly on Biden’s various misstatements over the years.
“The president’s economic advisors were telling us last year that inflation was going to be temporary. That’s not true. Now the president’s economic advisors are saying there’s not going to be a recession. Are you sure?” Doocy questioned.
Deese’s response was rather astonishing, yet fairly typical of the Biden administration.
“You don’t have to take our word on this,” Deese sneered in response.
Well, no problem there.
Most Americans haven’t taken the White House’s word on anything ever since Biden took over.
Author: Jane Jones