Second quarter, GDP data will be coming out on Thursday, and pretty much every serious

economic analyst is predicting that we will be heading into a recession.

Every serious economic analyst with the exception of the economists who work for Joe Biden,

according to the director of President Biden's National Economic Council, not only are we

not in a recession, we don't even understand what a recession is.

Two quarters of negative growth in a row, that's a recession.

Right, and certainly in terms of the technical definition, it's not a recession.

The technical definition considers a much broader spectrum of data points.

But in practical terms, what matters to American people is whether they have a little economic

breathing room, they have more job opportunities, their wages are going up.

That has been Joe Biden's focus since coming into office.

He has had a view of the economy that we need to look to build from the bottom up and

been allowed, and what that means is that typical working class people in this country have

had trouble affording things for years.

He is focused on building a strong, durable economic recovery here.

We have real global challenges here in the short term.

We've got to navigate our way through them, but we have to do so without giving up all

our economic gains.

That's going to be our focus, and I think that we need to train that focus on that rather

than on sort of technical debates about backward looking data.

So the consumer confidence numbers are going to come out as well, and consumer confidence

has been fairly dismal.

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