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Politics

INSANE: CNN Argued Recession Proclamations Are Racist - sm

Posted: Jul 6th, 2022 - 10:28 am

CNN attempted to fool Americans into believing the reason the U.S. economy isn’t officially considered in a recession is because eight “white economists” didn’t say so. Confusingly, CNN also wrote that if leading economists do end up declaring the U.S. to be in recession, it’s also because those economists aren’t racially sensitive.

CNN senior markets reporter Nicole Goodkind published a story with an insane, racist headline that needs no explanation: “Who decides if the US is in a recession? Eight White economists you've never heard of.” What does race have to do with anything? Goodkind complained liberal economists like Moody’s Analytics Chief Economist Mark Zandi and investors like JP Morgan Chase CEO Jamie Dimon could warn about an impending recession “until they're blue in the face, but their guidance will remain just that — an economic forecast.” Then came the kicker: “That's because, in the United States, the economy isn't broadly and officially considered to be in a recession until a relatively unknown group of eight economists says so.”

(Excerpt) Read more at newsbusters.org ...



LINK/URL: INSANE: CNN Argued Recession Proclamations Are Racist

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