08/02/2022 / By News Editors
Doubling down on the Biden admin’s peddling in fantasy that two quarters of economic decline does not mean a recession, White House economic adviser Brian Deese this week tried to argue that ‘all is fine’ since Americans by and large aren’t starving.
(Article by Tyler Durden republished from ZeroHedge.com)
“I think that our economy is more resilient to the types of challenges that we face,” Deese said. “For example, with respect to food, we’re a net exporter of agricultural commodities. And obviously, the high prices are hitting Americans very hard, but in a way that is different from some places that are facing famine, for example.”
The White House’s latest response to Americans not being able to afford food with inflation is literally ‘you’re doing great because it’s not famine.’ ????
FUCK THESE PEOPLE. pic.twitter.com/TXjuZeNIBH
— Tim Young (@TimRunsHisMouth) July 27, 2022
“But I think if you look at the core elements of economic resilience, the United States is better positioned,” he added.
So now the White House is actually pushing the really you’re doing great because it’s not famine defense while desperately attempting to squiggle around and finely parse and redefine quite basic concepts as recession.
“We are in that period of transition right now,” Deese had said in the Tuesday briefing, claiming further that the United States is “in a stronger position than virtually any other country in the world.”
…apparently because there’s no mass starvation.
Be grateful, America. You’ve got “excess savings” and lunch meat. And, we’re not facing a famine. Vote Democrat! @POTUS@BrianDeeseNEC@SecYellen@econjared@PressSechttps://t.co/59xdkcC1vK
— Juliet ? (@juliet_92009) July 28, 2022
Deese then straight-faced repeated his talking point that “two negative quarters of GDP growth is not the technical definition of recession. It’s not a definition that economists have traditionally relied on.”
1. “inflation isnt coming”
2. “Inflation isnt that bad”
3. “Inflation is just transitory”.
4. “Inflation is caused by corporate greed”
5. “Recession isn’t coming”
6. “Recession isn’t as bad as famine”
7.Do you see the pattern yet?
— Anarkissed? (@Lifeandlibertyy) July 28, 2022
Read more at: ZeroHedge.com
Tagged Under:
absurd, big government, Bubble, Collapse, conspiracy, debt collapse, deception, disinfo, economy, Inflation, insanity, lies, propaganda, recession, White House
This article may contain statements that reflect the opinion of the author
COPYRIGHT © 2017 COLLAPSE.NEWS
All content posted on this site is protected under Free Speech. Collapse.news is not responsible for content written by contributing authors. The information on this site is provided for educational and entertainment purposes only. It is not intended as a substitute for professional advice of any kind. Collapse.news assumes no responsibility for the use or misuse of this material. All trademarks, registered trademarks and service marks mentioned on this site are the property of their respective owners.