Biden Puts His Economic Credibility On The Line Ahead of Thursday BEA Report, Doesn't Think We'll See Recession

The Recession Deniers

The White House is expending a tremendous amount of communication effort over the past 48 hours trying to convince the American public that the economy is good, and we are not in a recession.

Sunday it was Treasury Secretary Janet Yellen. Yesterday National Economic Council Chairman Brian Deese, White House Economist Jared Bernstein and even Joe Biden himself, all declaring that despite the economic contraction you may feel, see and even quantify, we are not in a recession.  WATCH:

The action of the recession deniers reminds me of the famous Ralph Waldo Emmerson quote:

“The louder he spoke of his honor, the faster we counted our spoons.”