According to White House Propagandists, we are in the midst of the greatest economic recovery

in the history of the world. According to our lying eyes, the economy is in the gutter.

According to America's first quarter economic numbers, our lying eyes are right.

GDP first look first quarter is a nasty minus 1.4 minus 1.4. We haven't had a minus

sciences at nasty second quarter, COVID related in 2020. Let's go through a consumption drops

to 2.7, well below expectations. Although sequentially it's actually higher than last time,

which was 2.5. The pricing index buckle up 8%, 8%, that is unbelievable to find a higher

number than 8%. You have to go back to 1981. If you look at the personal consumption expenditure

quarter over quarter, that was up 5.2. Now that isn't so bad because the high water mark there

is actually 6.1 from June of last year. That took us back to 1983.

So GDP is way up. Sorry, GDP is way down. Prices are way up. Household spending is way up.

Each of those things separately very bad together, absolutely terrible. CNBC is reporting these numbers

as unexpected. It's always unexpected when liberal economic policies fail. It's not unexpected by me.

It's not unexpected by you, but to the supposed experts it is always unexpected,

just like it's always unexpected when conservative economic policies work. So that's CNBC's line.

Unexpected aberration, totally weird. The New York Times is taking a different

tack to cover for the Biden administration. And that is to say that the dismal economic numbers

are actually a good thing. Breaking news reports the New York Times. The US economy shrank in the

first quarter, but the numbers may mask the recovery as resilience. The GDP has collapsed.

The record inflation, the soaring gas prices, the soaring food prices. That's all just an illusion,

you see. Great and glorious leader Joe Biden is secretly taking care of all the people,

and he is the greatest and most popular president in the history of the world, and he won 85

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