rich. where were you when the Biden administration changed the working definition of a recession in 2022?
"With expectations of low or even negative growth for the first two quarters of 2022, President Biden’s Council of Economic Advisers has been trying to blunt the news by disavowing this textbook definition"
https://www.wsj.com/articles/redefining-the-r-word-recession-biden-economy-advisers-gdp-nber-semantics-poltics-gramm-rudman-hollings-11658951723
https://www.bloomberg.com/news/articles/2022-07-25/biden-team-s-take-on-technical-recession-it-s-not-a-real-one