“The White House is scrambling behind the scenes and in public to get ahead of a potentially brutal economic punch to the face that could give Republicans the chance to declare that the ‘Biden recession’ is under way,” Politico reports.
“Wall Street analysts, economists and even some in the Biden administration itself expect a report on Thursday to show the economy shrank for a second straight quarter, meeting a classic — though by no means the only — definition of a recession.”
Associated Press: U.S. economy sending mixed signals.
Washington Post: The coming battle over when a recession is recession.
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