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recession? because that is not the technical definition. in terms of the technical definition, it is not a recession? a much broader spectrum of data points? that is not the actual data of said mike recession but actual retraction over a few months. i would reject to the idea of two quarters of negative gdp growth is a technical recession is wrong. carley: griff jenkins is live with the technical definition and much, much more, good morning. good morning carley and todd appear the definition of braising is what americans are doing for potential bad news this week that we are in a recession after two consecutive quarters of dropping gdp numbers. but president biden said he doesn t see that happening. we are not going to be in a recession, in my view. the employment rate is still one of the lowest we have had in the history with 3.6%. my hope is that we go from this rapid growth to steady growth. and we will see some of it coming down, but i don t think we wil ....
i am considering dealing with some depth reduction. i am not considering $50,000 of debt reduction. but i am in the looking at whether there will be additional debt forgiveness. are you close to making a decision on the data? yes. jesse: president biden and expected to keep his word on canceling student debt, so get ready for a subsidized liberal arts degrees. announcing the decision to raise $10,000 to student loans for earners making less then $125,000 per year. that s a lot. it s a move that one actually erased debt, but instead transfer the burden to you, the taxpayer. even some libs think it is a bad idea. as obama s treasury secretary larry summers points out student loan debt relief is spending that raises demand and increases inflation. it consumes resources that could be better used helping those that for whatever reason did not have the chance to attend college and will be inflationary by raising tuition. the biden spin team trying to downplay that nar ....
We no longer have the media down the middle, just tell me what happened and i ll tell you what it means. they put their pro biden spin on it. and it s a huge part of where america has changed and why we have become so polarized. and back to katrina. the press pounded george bush, they should have pounded joe biden. john: and one other moment he was meeting a first responder and the cadaver dog he was working with sifting through the ashes trying to find the remains of the people, and the dogs have to wear booties, and the ground is hot and they might step on something sharp and biden s comment was that s some hot ground, man. you come out of a place that has been torched in the most horrible fashion and you make a joke about that s some hot ground, man? and he chuckled to himself when he was describing the 67 ....
Opportunity for republicans to appeal to independent s and say, do you really want the blue state model, the big city, blue statee mode model toy to the united states? the california markets coming. y biden and if you don t stop him in 2024, i ll make it. do you think that minority out there, especially those who are trending republican, like hispanics in places likispe mexico, even, are going to behi buying this new biden spin on the really quickly? no, absolutely not. i mean, yeah, no, not at all. or they see what s going on in t their own pocketbooks. they re feeling it at the pump, as you pum said, they are notaro buying this. they re losing minorities. siactually particularly first generation immigrants and hispanics. and even so, they ve done this at their own peril to victor s point, because the people feelos the crime in those neighborhoods and they re not th. it all right, victor and all right. thank you so much. now, what omed thankrys next fr biden, most prosecutors would ....