Arab Press

بالشعب و للشعب
Tuesday, Apr 14, 2026

Define ‘recession’: Biden’s administration refuses to see economic reality

Define ‘recession’: Biden’s administration refuses to see economic reality

Instead of addressing the most pressing problem of regular Americans, the president and his staff play word games
As anyone with a pulse can attest, times are tough, and every non-millionaire American is struggling with the weight of the economy.

Inflation is now sitting at a 40-year high, and economic conditions are worse than when Jimmy Carter was running the show. And yet, despite all the facts, Joe Biden and his team at the White House insist that everything is fine, like the meme dog in the burning house.

Rather than address all the symptoms of an economy in dire straits, the Biden administration has launched a propaganda campaign intended to convince you that everything is going as planned. Just don’t trust your lying eyes. Or blame Russia by calling it the “Putin Price Hike” – yeah, that works.

It’s no secret that there’s a recession going on, and it really doesn’t matter what you call it. Whether the Biden administration wants to define it as an economic recession or not, what matters is that people are struggling to pay the bills and no serious efforts are being made to address inflation, which is hitting everything from the price of gas to the grocery bill.

Higher gas prices? Don’t sweat it – just buy an electric vehicle, as if you can afford it. That’s what Transportation Secretary Pete Buttigieg suggests, anyway. And to think he’s even more popular among some Democrats than Biden.

Fast food restaurants have begun to practice “shrinkflation” by reducing the amount of food they put on the tray while you continue to pay the same price. On the plus side, this might fix America’s growing obesity problem.

With the latest data out, the US economy now meets the de facto definition of a ‘recession,’ which is two consecutive quarters of negative growth. This is the definition Reuters used to describe Hong Kong’s economy in 2019 and Japan’s in 2020. There was no disputing that their economies, which experienced two successive quarters of decline, underwent a recession.

And yet, due to Biden’s apparent allergy to any news that makes his administration look inept and his unrealistic green transition plan appear half-baked – not to mention the fact that the Democrats are in serious danger of losing control of both the House and Senate in the upcoming 2022 November midterms – his team has opted to clamp its eyes and ears.

Now that the reports are out that the country's GDP shrank by 0.9% in the second quarter of this year, this development could serve as another nail in the Democrats’ proverbial coffin in the upcoming midterms.

Conspiracy theorists might suggest that the economic downturn is, in fact, part of the plan to bankrupt the middle class so that the World Economic Forum’s promise of “you will own nothing, and you’ll be happy” by 2030 comes to pass, but there may be a simpler explanation – Biden and his team just aren’t cut out to manage the economy, and they’re struggling to keep their dream of a zero-carbon society alive while everything else goes to hell in a handbasket.

After all, it’ll be hard to make any of those plans come to fruition if they’re all removed from office by 2024.

Regardless of what’s really happening, average working-class and middle-class Americans aren’t going to care about words on a sheet of paper confirming what they’ve known all along: it’s getting a lot harder to fill the grocery cart. The report only confirms to economists what every American struggling to pay credit card bills has known since Trump left office in 2021.

“While some maintain that two consecutive quarters of falling real GDP constitute a recession, that is neither the official definition nor the way economists evaluate the state of the business cycle,” stated the White House last week. “Instead, both official determinations of recessions and economists’ assessment of economic activity are based on a holistic look at the data — including the labor market, consumer and business spending, industrial production, and incomes.”

Treasury Secretary Janet Yellen echoed the party line by insisting on cable news that the country isn’t in a ‘recession,’ defining this time of hurt as a “period of transition in which growth is slowing.”

Much like the shifting definition of ‘woman,’ the Biden administration is more than happy to redefine terms like ‘recession’ when it suits its agenda.

“So there is a slowdown and businesses can see that and that’s appropriate, given that people now have jobs and we have a strong labor market,” Yellen insisted.

If the labor market is so strong, it’s only because everyone’s struggling to stave off homelessness. In a more ideal economic environment, any working man or woman would be in the job market to pursue upward mobility and afford nicer things – not moonlighting as Uber drivers just to make ends meet.

Biden and his team took a victory lap after gas prices dipped from their peak of more than $5.00 a gallon to $4.61. It’s worth noting that prices were only around $2.38 at the start of Biden’s presidency. It’s all relative.

Buttigieg even went as far as to suggest that the astronomical price of gas was good for the environment because “the more pain we are all experiencing from the high price of gas, the more benefit there is for those who can access electric vehicles.” I’m sure those struggling to pay their bills will be overjoyed to learn that their financial troubles will be over once they can afford a Tesla.

By trying to make the issue about the definition of a 'recession' Biden is sidestepping his responsibility to the American taxpayer.

Democrats are likely to pay a steep cost at the ballot box in the upcoming midterms. As Biden’s approval ratings on job performance, economic performance, and inflation continue to sink, his cohorts in Congress are going to be the ones to suffer at the polls.

Indeed, around 75% of American voters – an increase from 43% last summer – identify inflation and the cost of living as the most important economic concern for their families. Biden and his team of hack economists can redefine ‘recession’ however they like, but it’s hard to argue against the figures.
Newsletter

Related Articles

Arab Press
0:00
0:00
Close
Strategic Saudi-Bahrain Causeway Closed Amid Security Concerns as Trump Deadline Approaches
Saudi Arabia Keeps Red Sea Oil Exports Flowing Despite Regional Tensions
Pipeline Attack Cuts Significant Share of Saudi Arabia’s Oil Export Capacity
Saudi Business Leader Abudawood Appointed Chairman of Merit Incentives Group
TotalEnergies Confirms Damage at Saudi Refinery Following Security Incident
Saudi Arabia Launches Early Construction Phase for King Salman Stadium Project
Saudi Shift Away from Longstanding Dollar Oil Framework Gains Attention Amid Iran Conflict
Türkiye and Saudi Arabia Resolve Long-Running Transit Visa Dispute
Saudi Oil Capacity and Pipeline Flows Reduced as Supply Risks Intensify
TotalEnergies Reports Damage to Saudi SATORP Refinery Following Security Incidents
Gulf States Assess Prospects of U.S.-Iran Truce as Regional Stability Efforts Intensify
South Korea Resumes Honey Exports to Saudi Arabia Following Sanitary Approval
Saudi Arabia Carries Out Sentences in Eastern Province Following Security Convictions
Saudi Sovereign Wealth Fund Backs King Street’s Regional Credit Strategy
Saudi Arabia Secures World Cup Return as Egypt Celebrates Landmark Qualification
Iran and Saudi Arabia Intensify Diplomatic Engagement Amid Regional Tensions
Russia and Saudi Arabia Open Visa-Free Travel Corridor for Citizens
Saudi Oil Output Capacity Reduced by 600,000 Barrels Per Day Amid Regional Conflict
Saudi Arabia Suspends Operations at Select Energy Sites as Precautionary Measure
Saudi Arabia Halts Operations at Multiple Energy Facilities Amid Heightened Tensions
Global Markets Jolt as Iran Signals Ceasefire Breakdown and Rising Regional Tensions
King Street Aligns with Saudi Sovereign Wealth Fund to Expand Alternative Investments in Middle East
Attack on Saudi Arabia’s Jubail Petrochemical Hub Raises Global Supply Concerns
Debate Emerges Over Saudi Strategic Decisions as Gulf Cooperation Council Dynamics Come Into Focus
Saudi Arabia Expands Full Workforce Localisation to 69 Professions in Major Labour Reform
Emerging Alliance of Pakistan, Turkey, Egypt and Saudi Arabia Signals New Regional Power Dynamic Amid Iran Conflict
Iran Linked to Strikes Across Gulf States Following Refinery Attack Escalation
Saudi Arabia Voices Concern Over Fragile US–Iran Ceasefire Stability
Starmer Warns Sustained Effort Needed to Ensure US–Iran Ceasefire Holds
Saudi Arabia’s Key East-West Oil Pipeline Targeted Following Ceasefire Announcement
Iran Targets Saudi Arabia’s East-West Oil Pipeline in Escalating Regional Tensions
Trump Warns of Civilizational Stakes as Iran Halts Negotiations
Saudi Companies Expand Remote Work Measures Ahead of Iran-Related Security Concerns
Iran Warns of Strikes on Saudi Energy Infrastructure if US Targets Its Facilities
Iran Urges Civilians to Form Human Shields Around Nuclear Sites as Diplomatic Deadline Approaches
Saudi Arabia Raises Oil Prices to Record Premiums Amid Supply Pressures Linked to Iran Conflict
Key Saudi-Bahrain Causeway Closed Amid Heightened Security Concerns Linked to Iran
Formula One Calendar Gap Explained as Fans Await Next Grand Prix
Growing Strain on the Petrodollar System Comes Into Focus Amid Iran Conflict
Reported Strike on Saudi Arabia’s Jubail Complex Raises Global Energy Supply Concerns
FedEx Introduces New Digital Tool to Streamline Imports into Saudi Arabia
Iran Claims Strike on Saudi Arabia’s Jubail Petrochemical Complex Amid Rising Regional Tensions
Taiwan to Source Oil Shipments from Saudi Arabia’s Red Sea Ports
Saudi Arabia Evacuates Riyadh Financial District as Precaution Amid Regional Tensions
Saudi Arabia Balances Ambitious Economic Vision Amid Regional Tensions and Financial Pressures
Budget Saudi Arabia Reports Strong Full-Year 2025 Financial Performance
Saudi Arabia Expands Investment in Capcom With Stake Reaching Six Percent
Saudi Arabia Assesses Significant Economic Impact From Regional Conflict Involving Iran
US Beef Secures Expanded Market Access in Saudi Arabia
Jordan and Saudi Arabia Declare Absolute Solidarity in Response to Iranian Threats
×