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Thursday, October 06, 2022

Commentary: Neither White House nor Common Man Can Evade Recession Data

Newly released data from the Commerce Department show what some people have been saying for months: The nation is in recession. 

Furthermore, the Biden administration’s cherry-picking of data has come back to bite it, with even its selected data points now being revised to indicate a recession. And while these numbers confirm the economy shrank in the first half of the year, the rest of this year holds little promise of recovery.

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