July 28th, 2022. Big Five Update: Biden and Xi. The Definition of Recession. Trouble for American Ranchers. Border Patrol Reports Illegal Crossings. COVID and the Common Cold.
The President's Daily Brief
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The Biden Definition of Recession
The economy is releasing figures to day on what's called the gross domestic product, or g d p. The last time that we got this number, about three months ago, it showed that the economy was not doing well at all,. And so if this morning we get another d p number that declines, well that means that we are in a recession, or does it? That is the game that's being played. i'll let you decide.
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