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: