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Correct.
Apparently Yellen has some fans in here who dislike facts/history.
So fucking weird, it’s all verifiable information. I’m sick and tired of being gaslit. This administration actually changed the definition of RECESSION
Every administration lies, but it has gotten completely ridiculous.
https://www.businessinsider.com/recession-definition-biden-white-house-gdp-inflation-outlook-economic-recovery-2022-7
It was p.r bullshit to put a spin on it, but the actual institutions that "officially" declare a recession didn't change their definition.
It hasn't changed, the white house was just pulling typical spin bullshit, while those that actually have the final say on what state we're in didn't.
This fully supports my point, thank you 🙏