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The Ben Ferguson Podcast

WHITE HOUSE & MEDIA UNITE for the big LIE! Claiming USA NOT IN A BIDEN RECESSION.

The Ben Ferguson Podcast

iHeartPodcasts

News, Politics, News Commentary

4.85.4K Ratings

🗓️ 31 July 2022

⏱️ 37 minutes

🧾️ Download transcript

Summary

WHITE HOUSE & MEDIA UNITE for the big LIE! Claiming USA NOT IN A BIDEN RECESSION.

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Transcript

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0:00.0

Hello America John Sullivan here. I love doing the reporting that we do at

0:04.2

JustinNews.com. Love going on Fox News when we can. Oh, and now I've taken all

0:09.4

of the news making, all the interviews, all of the investigative scoops that

0:13.0

we do and we turn it into a delightful daily podcast. Yep, it's called real

0:17.4

simple John Solomon reports because that's what we do. We report. We give you

0:21.6

facts that you make up your own mind. We try to inform but not actually. How

0:25.9

do you do it? All you got to do is listen to John Solomon reports seven days

0:29.1

a week starting on the I heart radio app Apple podcasts or wherever you get your

0:34.4

podcasts. No, we're not in a recession. Biden administration tells US voters it's

0:42.6

alive. Even though every indicator is now showing we are in a recession. The US

0:48.4

economy is plagued by inflation. I'm reading from Reuters this morning. This

0:52.9

just broke. All right. You ready for this? The US economy is plagued by

0:56.2

inflation. So they're saying it's inflation and suffering from fallout from

1:02.0

Russia's war in Ukraine. Leave it to Reuters to blame that. But it's not a recession.

1:07.2

That's the message. The White House officials are saying this morning.

1:11.3

Treasury Secretary Janet Yellen economic advisor Brian Deese and commerce

1:16.3

secretary. Gina have all come out spoken in recent days ahead of the data that

1:22.8

may show that gross domestic product shrink from April to June. Federal

1:27.5

Reserve Bank of Atlanta's GDP forecast suggests a 1.6 percent decline. That

1:33.8

would mark the second quarter of GDP decline in a row. Well, a broad rule of

1:38.4

thumb holds that two consecutive quarters of GDP drop signal a recession. The

1:44.3

strong US job market they claim means that well, this may be the rare moment

...

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