>”You beclown yourself by believing there is or has ever been an objective definition. There is not and has never been.”
Okay, consider myself beclowned then. So how did economists define all of the previous recessions on record? I know that ‘a recession’ is not a scientific measurement, it is a conventional definition.
But don’t you find it odd that the administration wants to jettison the conventional definition when it applies to the economy under their leadership? Right before the midterms, no less?
Okay, consider myself beclowned then. So how did economists define all of the previous recessions on record? I know that ‘a recession’ is not a scientific measurement, it is a conventional definition.
But don’t you find it odd that the administration wants to jettison the conventional definition when it applies to the economy under their leadership? Right before the midterms, no less?