(Summit News) An experienced economist has been ‘fact checked’ and corrected by Facebook after he stated that the U.S. is now in a recession.
Phil Magness, a researcher and educator with the American Institute for Economic Research, reacted to the incident by commenting “We live in an Orwellian hell-scape.”
Facebook uses ‘independent’ fact checkers at Politifact, a brazenly partisan operation, which ‘corrected’ Magness’ post about the Biden administration attempting to change the definition of a recession.
We live in an Orwellian hell-scape. Facebook is now “fact checking” anyone who questions the White House’s word-games about the definition of a recession. pic.twitter.com/pHGPWrxRpD
— Phil Magness (@PhilWMagness) July 28, 2022
Magness provided examples of previous statements by Biden himself about being in a recession that were never fact checked:
Meanwhile, remember that time when Joe Biden declared that we were in a recession in October 2020 without any NBER determination?
Funny how they don't fact-check that one.https://t.co/X55NPvl5Pq
— Phil Magness (@PhilWMagness) July 28, 2022
Can somebody show me the NBER determination that said we were in a recession in October 2020? Asking for a friend… https://t.co/X55NPvl5Pq
— Phil Magness (@PhilWMagness) July 28, 2022
The entire media "fact checking" industry is an exercise in politically motivated fraud. pic.twitter.com/FjrKZe3iFi
— Phil Magness (@PhilWMagness) July 29, 2022
The economist also noted that practically every other country defines a recession as two consecutive quarters of negative growth:
Note the definition that France's National Institute of Statistics uses for a recession: pic.twitter.com/wJbT1L5yVe
— Phil Magness (@PhilWMagness) July 31, 2022
Here is Canada's Federal Balanced Budget Act: pic.twitter.com/gLSL3cfzB1
— Phil Magness (@PhilWMagness) July 31, 2022
Germany's Bundesbank:https://t.co/ea2bJy1M1m pic.twitter.com/FyofvF3R2O
— Phil Magness (@PhilWMagness) July 31, 2022
Biden and his underlings have engaged in gaslighting on the definition of recession throughout the past week, and it has continued into this week:
Sperling says that two negative quarters is not an "accurate definition" of a recession
Which is funny, because in a 2001 paper he co-authored with future Obama OMB Director Peter Orszag, he said that's exactly what the informal definition was https://t.co/gofBa01i9k pic.twitter.com/WDl887ng1p
— Zach Parkinson (@AZachParkinson) July 29, 2022
Biden economic advisor Brian Deese on the Biden recession: “We’re clearly moving through a transition” pic.twitter.com/1F2Ls1yK67
— RNC Research (@RNCResearch) July 29, 2022
