Mindy Kaling and Stephen Colbert at the Montclair Film Festival 2019. Via Wikimedia Commons.

Via TTN:

In a surprise move, the far-left “The Late Show With Stephen Colbert” host ripped mainstream cable news channels for redefining “recession.”

Fox News reports:

Colbert lampooned both CNN and MSNBC for helping the White House muddy the waters on what traditionally constitutes a recession or not. At the end of the segment, Colbert also made sure to skewer how unqualified each channel’s economic experts seemed on the topic.

The host’s Thursday night humor spoke to the confusion over the White House and its media allies redefining what typically indicates a recession.

Historically, two consecutive quarters of negative GDP growth constitute the biggest tell of a nation in recession. On Thursday, the U.S. hit this marker, yet the Biden White House insisted the country had not entered a recession as they claimed other aspects of the economy are doing well.

Colbert opened his recession segment with the big question: “So we’re in a recession … or are we?” To find his answer he began by reading a White House statement cited in a CNN Business article. “According to the White House, ‘two consecutive quarters of economic contraction does not, in and of itself, constitute a recession.’” Sarcastically, he pivoted to the news. “Thankfully, we have cable news to cut through all the spin and give us some straight answers,” he said, as the audience laughed.

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14 days ago

Colbert is a POS

14 days ago

Finally Cobert has his eyes and ears open.

Gary Von Neida
14 days ago

Well not all the people on the Left are full blown Marxists with a desire to DESTROY America’s: CONSTITUTION, ECONOMY, BORDERS< and the worst crime of all the enriching of communist CHINA.

13 days ago

Well, they redefined MAN and WOMAN and created 20 new genders and redefined medicine to accommodate them; then why not redefine RECESSION and submit all perversions of the language to the Ministry of Truth? The stealing of the 2020 election was a programmed catastrophe to brainwash and vaccinate us all with a poisonous genetic toxin and have us surrender our guns, AC’s and gas vehicles. And they will drive the prices of meat so high that we will all eat weeds and worms and bugs and BE HAPPY. Right. Don’t worry: Mr, Gateski, Obamov, Schumer and Pelovski will still get their prime rib because under the new system, the upper political crust, the plutocrats, will be much more equal than others, just like Animal Farm. Welcome to the Soviet State of Amerika with an emerging battery of crushing Five-Year Plans.

John J
13 days ago

The White House is packed with lying fools