If #DonaldTrump were still president and U.S. GDP just contracted for a 2nd consecutive quarter, there's no way the media would not be reporting it as a #recession. Instead, the left-wing media is spreading #Democratic propaganda to redefine recession to pretend we're not in one.
The pandemic era was the biggest money transfer scheme to the rich in history. And we are paying for it again with the cost of living crisis. Itโs like a giant Ponzi scheme. And still millions of people appear to be either in denial or meekly accepting this gigantic swindle.
"Never let a good crisis go to waste" has been the doctrine of tyrants since the dawn of time. Your rights do not vanish simply because the state declares a health, gun, war, or climate crisis. Only authoritarians allege otherwise.
Ouch. Inflation is far too important a problem for the White House to keep making statements like this. Itโs either straight ahead misdirection or a deep misunderstanding of basic market dynamics.