| When asked in an interview if Americans should prepare for a recession, President Joe Biden claimed, “It hasn’t happened yet… if it is, it’ll be a very slight recession.” However, despite what Biden preaches, our nation has been in a recession since July 2022. There was a 1.6% decrease in our nation’s GDP in the first quarter of 2022 and a 0.6% decrease in the second quarter of 2022. No matter how many times the Biden administration tries to change the meaning of “recession,” two consecutive quarters of negative economic growth meets the definition. This recession is hurting Tennessee families and households, and it is time for the president to recognize that and reverse policies that are crushing our economy. |
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