Senior Economist ‘Fact Checked’ By Facebook For Saying U.S. Is In Recession
(Steve Watson) An experienced economist has been ‘fact checked’ and corrected by Facebook after he stated that the U.S. is now in a recession.
Phil Magness, a researcher and educator with the American Institute for Economic Research, reacted to the incident by commenting “We live in an Orwellian hell-scape.”
Facebook uses ‘independent’ fact checkers at Politifact, a brazenly partisan operation, which ‘corrected’ Magness’ post about the Biden administration attempting to change the definition of a recession.
We live in an Orwellian hell-scape. Facebook is now "fact checking" anyone who questions the White House's word-games about the definition of a recession. pic.twitter.com/pHGPWrxRpD
— Phil Magness (@PhilWMagness) July 28, 2022
Magness provided examples of previous statements by Biden himself about being in a recession that were never fact checked:
Meanwhile, remember that time when Joe Biden declared that we were in a recession in October 2020 without any NBER determination?
— Phil Magness (@PhilWMagness) July 28, 2022
Funny how they don't fact-check that one.https://t.co/X55NPvl5Pq
Can somebody show me the NBER determination that said we were in a recession in October 2020? Asking for a friend... https://t.co/X55NPvl5Pq
— Phil Magness (@PhilWMagness) July 28, 2022
The entire media "fact checking" industry is an exercise in politically motivated fraud. pic.twitter.com/FjrKZe3iFi
— Phil Magness (@PhilWMagness) July 29, 2022
The economist also noted that practically every other country defines a recession as two consecutive quarters of negative growth:
Note the definition that France's National Institute of Statistics uses for a recession: pic.twitter.com/wJbT1L5yVe
— Phil Magness (@PhilWMagness) July 31, 2022
Here is Canada's Federal Balanced Budget Act: pic.twitter.com/gLSL3cfzB1
— Phil Magness (@PhilWMagness) July 31, 2022
Germany's Bundesbank:https://t.co/ea2bJy1M1m pic.twitter.com/FyofvF3R2O
— Phil Magness (@PhilWMagness) July 31, 2022
Biden and his underlings have engaged in gaslighting on the definition of recession throughout the past week, and it has continued into this week:
Sperling says that two negative quarters is not an "accurate definition" of a recession
— Zach Parkinson (@AZachParkinson) July 29, 2022
Which is funny, because in a 2001 paper he co-authored with future Obama OMB Director Peter Orszag, he said that's exactly what the informal definition was https://t.co/gofBa01i9k pic.twitter.com/WDl887ng1p
Biden economic advisor Brian Deese on the Biden recession: “We’re clearly moving through a transition” pic.twitter.com/1F2Ls1yK67
— RNC Research (@RNCResearch) July 29, 2022