Terms like “recession” and “energy independence” are becoming more and more useless buzzwords to evoke a desired emotional response to serve propaganda purposes for either faction of the ruling class.
I mean, everywhere else it’s just 2 consecutive quarters of economic contraction, the definition has never been contested before. Only now when it applies to themselves do USonians want to argue about it.
Yes, and before this presidency the definition of energy independence was pretty clear as well, being a net exporter. But now trumpers hear energy independence and act like we didn’t import fuel under Trump and only ran on our own while under Trump we imported 7.9 million barrels a day. Same thing really, slightly different lies to serve the same class.
As the old American joke goes, economists spend 90% of their time studying how to lie without lying and another 10% learning how to con people with meaningless graphs
lol, they’re literally editing the wikipedia page to alter the definition of recession so the US isn’t in one.
Terms like “recession” and “energy independence” are becoming more and more useless buzzwords to evoke a desired emotional response to serve propaganda purposes for either faction of the ruling class.
I mean, everywhere else it’s just 2 consecutive quarters of economic contraction, the definition has never been contested before. Only now when it applies to themselves do USonians want to argue about it.
Yes, and before this presidency the definition of energy independence was pretty clear as well, being a net exporter. But now trumpers hear energy independence and act like we didn’t import fuel under Trump and only ran on our own while under Trump we imported 7.9 million barrels a day. Same thing really, slightly different lies to serve the same class.
As the old American joke goes, economists spend 90% of their time studying how to lie without lying and another 10% learning how to con people with meaningless graphs
Liberal “economics” summarized