DemSoc's 20 year old infight over defining "recession", and who gets to be the Next Big Socialist among them... Bill Clinton Sets The Record Straight On Definition Of Recession While this week's Q2 GDP data confirmed that the United States is now in a recession (as traditionally defined - for decades - as two consecutive quarters of negative GDP growth), the Biden administration, in cooperation with its media lapdogs - and even the 'unbiased' lads at Wikipedia, has been furiously peddling a Sith mind trick that "this is not the recession you're looking for." Joe Biden again claims "we're not in a recession." pic.twitter.com/7dcGm239eO — TheBlaze (@theblaze) July 28, 2022 The Biden Administration is redefining “recession” in an effort to avoid political backlash. It’s not a recession if you change the definition of recession. Soviet-level propaganda from a soviet-level regime. pic.twitter.com/bXtvPpOeD8 — BowTiedRanger (@BowTiedRanger) July 24, 2022 It's not a recession, it's a 'transition.' 🇺🇸 White House Press Secretary Karine Jean-Pierre denies claims that the US is in a recession, says "we are in a transition." (via @TheView) pic.twitter.com/sqmVK7uhk0 — Watcher.Guru (@WatcherGuru) July 28, 2022 Treasury Secretary Janet Yellen insisted that "This is not an economy that's in recession," before parroting the "transition" narrative. TREASURY SEC. JANET YELLEN: “This is not an economy that’s in recession. We’re in a period of transition in which growth is slowing, and that’s necessary and appropriate."pic.twitter.com/tzRtURrUH8 — Breaking911 (@Breaking911) July 25, 2022 Nevermind Biden's own economic advisers defining recession as two quarters of negative GDP growth as recently as last May (h/t Philip Wegmann). Given the recent 'confusion' on the topic, perhaps we need a former president to set the record straight? "A recession is two quarters in a row of negative growth." -- President Clinton, Dec. 19, 2000 pic.twitter.com/h04jcPX7P3 — Howard Mortman (@HowardMortman) July 28, 2022 What say you, Karine Jean-Pierre?