The government says the real gross domestic product, the GDP, decreased at an annual rate

of 6 tenths of a percentage point in the second quarter of the year, the real GDP fell 1.6%

in the first quarter. As we've told you before, two consecutive quarters of negative growth

fits one definition of a technical recession.

Well, it's a recession if a Republican is a president. It's not a recession if a Democrat is

a president. That's just one definition of a recession. If a Democrat is president.

Yeah. So, are we at a recession? I don't know. I don't know. We'll figure it out. And, you know what,

you're not the economy. Do your best. As long as we're touching on headlines,

chefsmith here with a report on the big student loan forgiveness giveaway.

The White House kicking off its efforts to forgive student loan debt for millions of Americans.

Today, the Biden administration emailed and tweeted updates on the process. Part of this update,

new guidance on who qualifies for the debt relief. There's one reversal. Bar wars with privately held

federal loans will not be eligible for forgiveness under this plan. Minor tweak or gigantic political

misstep. That tweak is expected to affect millions of borrowers who thought they were eligible.

And now they ate. I didn't know that. Yep.

Okay. And now there's been another lawsuit launched by a bunch of different states. Just plain

plain calling it unconstitutional for the president to make that sort of that something for the

legislative body. We'll see how that six attorney is general, Jack. Falling, filing,

hmm, filing laws suits. Nebraska, Missouri, Arkansas, Iowa, Kansas and South Carolina.

Hmm. Middle of the country representing the big South Carolina, the big five. We call them.

Right. Those six are the big five, which is long mystified historians.

Anyway, I thought you'd be

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