FAST FIVE: Rogan Slams Biden Admin For "Gaslighting" Americans About Recession
“People think that [the word recession] is trivial, 'cause they are talking about this economic downturn, but it's not trivial, because we've always used that term 'recession,' and we've always used that term to define whether or not the economic policies that are currently in place and whether or not the management in the government has done a good job of making sure that the economy stays in a good place,” Rogan said.
“The bizarre thing about the recession situation is the fact that it doesn't matter what you call it.
You can call it – 'paradise' if you want, but it's still [expletive], and all of the criteria of what's happening indicates a recession,” Williamson said.
“The reason, obviously, is that you've got midterms coming up, and you need to make sure that 'is in a recession' is something that can't be thrown at the Democrats.” Watch the full discussion below: And finally, don;t let the administration and its prancing ponies 'gaslight' you again that strong jobs data 'proves' we are not in a recession.
First things first, as we detailed here, jobs are the most lagged signal of a recession; and second, under the hood of today's “great” jobs data, we find that the surge in jobs was driven by individuals taking on multiple jobs – which hit a record high.