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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 ....
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 will see a recession. todd: and the white house message as folks say how well the economy is doing because of how many jobs has been created . so if you look at the economic indicators as a proud president was laying out and you look at the labor market and if you look at the average amount of jobs created, about 400 per month, both indicators do not show that we are in a recession or even a prerecession. todd: and white house officials now challenging that definition of what a recession really is. i covered the economy for many, many years. i was told by everybody that i spoke to that two negative quarters, to cope detracted quarters is a recession. ....