The far-left propaganda outlet that spreads conspiracy theories and encourages political violence, CNN, is laying the ground to claim that to declare a recession is… racist. For quite some time now, economists have been predicting that the follow-on, to this over 40-year inflation is an impending recession. The handwriting is on the wall and the Biden administration is literally telling America that we are not headed there.
Joe Biden and his White House Press Secretary, Jean-Pierre, are floating flat out lies about the state of this economic mess.
The Democrat party, literally - in about four months, will be in real trouble when the midterm results start pouring in and their hold on America begins to shrink, about as much as the taxpayers saving accounts have, despite the fact that WH Press Karine Jean-Pierre has publicly stated that, Americans have approximately 10K currently, in savings and that the populous at large is doing well financially. Who does she follow? Talk about out of touch!
The democratic, radical left at CNN, know that our economy has already shrunk this last quarter and that if our economy shrinks again, during this second quarter, we are officially in a recession. It’s not rocket science – but it is science.
So, in their efforts to undergird Joe and save their party, they need to change the focus from, how bad things really are, to those in control of the science? These leftists need to find a way to discredit these economists as racist instead.
If they can shift the blame on the bad news that’s ahead, relating it to the economists personally, maybe no one will notice how their own party is directly to blame for this economic debacle. In CNN tradition, they put forward an opinion piece, as legitimate news, decided to blaming the eight WHITE economists of the Business Cycle Dating Committee Members from the National Bureau of Economic Research.
In their recent business article “Who decides if the US is in a recession? Eight White economists you’ve never heard of…” in an attempt to discredit and derail any upcoming declaration of a recession, as illegitimate because white people….are naturally racist. What nonsense!
In this piece of manipulative twaddle, they purport-
There is a clear lack of racial diversity amongst the eight members, and NBER has never had a member who has been a racial minority, according to Gary Hoover, co-chair of the American Economic Association Committee on the Status of Minority Groups in the Economics Profession.
In recent years there has been a push by policymakers and the Biden administration to include more diverse thinking in economic analysis.
Janet Yellen, America’s first woman Treasury secretary and its first woman Fed chair, has argued that the lack of women and minority economists at the Federal Reserve and the federal government is a top priority. That lack of diversity, she said, skews viewpoints and limits the issues of discussion.
This is corporate medias desperation to find a creative way, to avoid any and all responsibility for their severe left-wing policies, that have driven America off the cliff financially. Further, things are so objectively bad in America that, their outright lies, are no longer working and their corrupt media’s credibility and morals are so lacking, that all they can do is discredit those who just need to simply state the observable facts
They have reduced themselves to throwing accusations of racism at those who would credibly and objectively state the facts. In this way, any discussion of recession will be immediately the fault of racist economists and not the radical left, progressive democratic party they are actively trying to cover up for.
These people are pathetic at best, and likely will continue to tell America that the economy is booming, no matter what.
If America buys that line – there is hot beach front property in Hawaii that they can look into buying as well, however the lava will need to cool first!
So, when the recession becomes official – resist the urge to ignore the science, avoid the word racist and buckle up for the ride, fellow taxpayers.
“The problem with today’s world is that everyone believes they have the right to express their opinion AND have others listen to it. The correct statement of individual rights is that everyone has the right to an opinion, but crucially, that opinion can be roundly ignored and even made fun of, particularly if it is demonstrably nonsense!”
-Brian Cox