Kyle Wingfield

Kyle Wingfield

The debate over whether we’re actually in a recession has been as illuminating as most spin jobs for bad news. 

The Biden administration has been flailing on multiple fronts for several months now, producing a job-approval recession for the president. When that happens, it’s awfully tempting to force faux-nuance and legalism onto what previously were straightforward matters – such as the rule of thumb that two consecutive quarters of economic contraction indicate a recession.