After the latest jobs report came in a bit weaker than expected, economists hustled to assure everybody, "Don’t worry, it’s not a recession, at least not yet, anyway."
Excuse me, but wut?
Why is anybody talking about a recession? Job growth under Joe Biden has been at record highs, and that continues. The economy didn’t shed jobs in July, which is what happens during downturns. It added 114,000 new jobs. That was less than the forecast of 175,000, but employment forecasts have been...