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GDP falls by 0 3% in Britain but recession shallower than first thought | Personal Finance | Finance

Transcripts for FOXNEWS Tucker Carlson Tonight 20240604 06:01:00

that s not just an academic survation. that s a technical definition of a recession. two quarters declining gdp recession. we re not making that up. you ll find it in every economic textbook ever written. we ll look uupp the one you used in college. but the bush administration could not admit thattion if they admitted the u.s. was in te a recession, they would lose cor the senate, they would lose control of both chambers of the congress. both chamb about it. but how do you lie about something that s so easily defined and everyone can see? will you just change s what the definition? and that s what they did. they came upid parad came up th. of recession. adot gdp. look that s the old way, the racist way of assessing the economy.y look at holistic fasters i look at holistic factors, said the way. let s look at the labor markett for example, the labor market. well, then in june, the bureauo of labor statistics gave them ammunition for their case. the bureau of labor statistics

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