Is This a Recession? Wrong Question.
It’s the numbers that matter, not the nomenclature.
The U.S. economy shrank for the second consecutive quarter, guaranteeing a robust news cycle of people shouting the word recession back and forth at each other. President Joe Biden has assured the public that the U.S. economy is not actually in a recession, while conservative media will surely use today’s report to state confidently that it is.
So are
