Orwell to the Rescue: White House Redefines 'Recession' Ahead of GDP Report That Will Confirm US in Recession

The definition of an economic recession is commonly understood to be an economic decline, which is generally identified as by a fall in GDP over two consecutive quarters. But for the Biden administration in the White House, it’s time for a new definition. This redefining of “recession” comes as a report on GDP is expected Thursday.
“What is a recession?” The White House posed in a question on their blog on Thursday. The redefining of the term will mean that, in the event that the GDP growth declines for a second straight quarter, the White House won’t have to call it a recession.