The Consumer Price Index (CPI) is a measure of the average change in prices paid by urban consumers for a market basket of consumer goods and services. Recent CPI data reports have been horrible. By September 2022, the stock market tanked by 1200+ points. Inflation grew. While employment was up, more than 9-million job openings remained either “open” or gone forever. Gross Domestic Product (GDP) was in decline for the second, consecutive month.
The facts clearly fit the definition of “recession”. The U.S. had slipped into early stages of a R-E-C-E-S-S-I-O-N! But, since it was only two months until mid-term elections, Democrats didn’t like the sound of it. So, with help from their Fake News and Big Tech communication-cronies, they went about trying to convince “gullibles” that the definition of “recession” was not the definition of “recession”. It’s so confusing and chaotic that Wikipedia removed its standard, universal definition and dutifully awaits the White House’s replacement for it.
