It is funny to watch these woketard idiots tie themselves up into knots with their very own blatant hypocrisy.
http://twitchy.com/sarahd-313035/2022/07/29/politicos-ben-white-explains-how-he-actually-wasnt-lying-to-us-when-he-totally-contradicted-himself-on-what-makes-a-recession/
Earlier this week, Politico chief economic correspondent Ben White boldly proclaimed that two consecutive quarters of GDP shrinkage does not constitute a recession, per se.
Ben White (@morningmoneyben) ~ The White House is pretty obviously right that even two quarters of shrinking GDP would not show the economy is currently in recession.
Getting people to understand that and the nuances of our strange, vexing, economic moment is just really hard. By me.
http://www.politico.com/news/2022/07/27/recession-inflation-gas-prices-biden-00048070
As a number of people pointed out, this contradicted what White had previously said regarding recessions:
The End Times (@TheAgeofShoddy) ~ {Replying to @morningmoneyben} It’s hard because it’s a non-intuitive argument that flies in the face of both public experience and dozens of examples of the accepted standard within the field, including *your own*, and is very obviously being done at the behest of the party in power for political purposes.
Jeff Billman (@imjustabillman) ~ {Replying to @morningmoneyben} You wrote this in June ...
David L. Bahnsen (@DavidBahnsen) ~ I don't understand why a reporter would bother to say a recession is NOT two quarters of contraction when they they've said the opposite in print in the past. They had to know this would be thrown back in their face? Tucker is hammering @morningmoneyben & @JohnJHarwood right now.
That, friends, is what hackery looks like.
Well, that ... and also this:
Ben White (@morningmoneyben) ~ Yeah I did a bad tweet a while ago referring to two negative q’s in a row as a recession. Should have known better at the time but it had been a while since I’d studied recession criteria and that’s not it. Nothing to do with giving Biden any kind of break. Just accurate now.
Ah ... got some fancy footwork, there, now don'tcha Ben?!
BWHA HA HA HA HA HA HA HA HA!!!
Oh, is that what happened?
Stephen L. Miller (@redsteeze) ~ {Replying to @morningmoneyben} Yeah that was definitely it.
It’s certainly one explanation. Not an honest one, of course, but it’s an explanation nevertheless.
Ben White (@morningmoneyben) ~ {Replying to @morningmoneyben} Wouldn’t matter if it were Trump, Obama, Lincoln or FDR I’d strive as always to get it right. And already said I goofed the old tweet and one line in a column where I should have elaborated on what makes for official recession (NBER and lots of data points beyond GDP).
Sure, Jan.
Deep Whispers (@Onslaug78093541) ~ {Replying to @morningmoneyben} No excuses ... you are playing politics like so many others that have been caught saying the same.
Stephen L. Miller (@redsteeze) ~ {Replying to @morningmoneyben} Clownery upon clownery.
Upon clownery upon clownery ...
David Edward™ (@_David_Edward) ~ {Replying to @morningmoneyben} "I did a bad tweet."
Ben would’ve been better off just disappearing from Twitter for a little while. Just sorta fade away into the background until we’d all forgotten about him. Instead, he’s only managed to make himself look like an even bigger jackass. And we weren’t sure that was possible.
rockmom (@rockmom) ~ {Replying to @morningmoneyben} Dude you’re the CHIEF ECONOMICS CORRESPONDENT for a business network. If you haven’t looked at recession criteria lately you should quit your job.
His defense is “I get paid to know what I’m talking about, but I don’t actually know what I’m talking about?” It’s not every day a journalist busts out the incompetence card to acquit himself. What a time to be alive, huh?
To be clear, we don’t actually believe that White just wasn’t staying up to date on his economic terminology. We have no doubt that he was and is fully aware of what constitutes a recession but just doesn’t want to admit it because it would make the current administration look bad.
Stephen L. Miller (@redsteeze) ~ {Replying to @morningmoneyben} "I fully admit as a paid journalist here to inform people that I didn't know what I was talking about then, but suddenly just last week that I do now."
Laura (@laurakbarr) ~ The real time gaslighting is insane.
It really, really is.
Pat (@patm1787) ~ Exactly ... LOL! This guy is gaslighting- “no no this isn’t about my political views, it’s because of ME, I didn’t do my job”. What a clown.
Vertiline (@VertilineMore) ~ That he thinks this is a good explanation shows how insanely corrupt he is.
The essential American soul is hard, isolate, stoic, and a killer. It has never yet melted. ~ D.H. Lawrence