It's never a Recession when Democrats are to blame - podcast episode cover

It's never a Recession when Democrats are to blame

Jul 25, 202216 min
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Episode description

What is a recession? The Biden administration just changed the definition in a desperate attempt to pretend the economy is great. Plus a group of med school students walked out of their graduation because of a pro-life speaker. How much more damage can these institutions of medicine do to their credibility? 

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Transcript

Speaker 1

You're listening to the Buck Sexton Show podcast. Make sure you subscribe to the podcast on the iHeart Radio app or wherever you get your podcasts. Team. Welcome to the Freedom Hunt Monday, July twenty fifth edition of the program. So much to discuss today. When is a recession not a recession? The White House has a new definition for you, and it involves, well, is a Democrat president? And how the Democrats in charge in Congress because that changes the

definition of recession. No, no, really it does according to them. We will discuss plus a bunch of doctors to be walk out of their med school graduation because the speaker they found out is pro life not allowed. How much more damage to its credibility can these institutions of medicine

do to their credibility? We shall discuss Steve Bannon held in tempt on Friday, a little bit of the aftermath of that, and maybe a five time today, some of the climate change lunacy that is emerging because it's hot outside. When it's hot, it's climate change. When it's called it's climate change. If the climate stays the same, that's the scariest of all, because it's supposed to change therefore it

is climate change. You see how that goes. It's remarkable, isn't it look Summer vacation season is in full swing, making an importer. Protect yourself from identity theft while traveling. Simply as it sounds, prepare yourself for someone stealing your wallet or your purse. Where so much of your personal info is kept your credit cards, your driver's license. That's

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weekend from Whitehouse dot gov. Okay, this is from the White House website under the Biden administration. What is a recession? They ask? This is a quarter? This is all quote. Okay. While some maintain that two consecutive quarters are falling, real GDP constitute a recession, that is neither the official definition

nor the way economists evaluate the state of the business cycle. Instead, both official determinations of recessions and economists assessment of economic activity are based on a holistic look at the data, including the labor market, consumer and business spending, industrial production, and incomes. Based on these data, it is unlikely that the decline in GDP in the first quarter of this year, even if followed by another GDP decline in the second quarter,

indicates a recession. Isn't that special? Two quarters in a row of negative GDP? According to this why House is no longer a recession, which is fascinating because for the last six months, what has everybody been talking about. We get two quarters of negative GDP, We're in a recession. What do they say, Oh, no, that's not a recession. Why are they saying this? Well, a few reasons. The obvious thing is that on Thursday will find out what

the official GDP number is. And the broader why is that they are going into a midterm election where unless unless there are unless there are far more delusional people in this country than I had anticipated. The Democrats will be in their worst position in Congress in terms of Republican seats held in the House, in the Senate in decades, perhaps in Congress the worst position in generations. Now, wouldn't

that be fantastic? They are desperate, friends, They're so desperate that instead of even trying to distract with good news here, avoid the negative news there, don't pay any attention to it. Instead of that, they have decided that they're just going to change the definition. Up is down, down is up, left is right, right is left bad as good, good as bad. It's a very Soviet thing to do, isn't it. It's not a recession. A recession doesn't mean what you

think it means. Remember, Princess Bride, you keep using that word. I do not think it means what you think it means. The guy in Nigo Montoya says, if memory serves, and they're saying, well, that's exactly the situation that the word recession doesn't mean what we think it meets. So that's pretty remarkable, isn't it. That's a pretty interesting situation. So, my friends, this is the desperate times that they find

themselves in over the Democrat Party. Here is CNBC Economics reporters Steve Leesman trying to do his best to say no, no, no, no, we need to reset the clock here. Two quarters in a row doesn't count for this year. It's got to be a second quarter. Start. Seven little chipmunks sitting on a branch eating a lot of eightcorns, something like that.

Play eight. The White Houses Council for Economic Advisors, in a blog, points to key factors you should determine whether we're in a recession, and notes they continue to grow even when adjusted for inflation. Q one private domestic demand that's consumer and business spending up three percent. Q two payroll growth up three point four percent. So if you use the common recession definition of two quarters of negative growth, it's probably not right to count that first quarter, which

was brought down by inventories and trade. That said, several of these indicators expecting the show weakness in the gdpupart on Thursday, as consumers look to be easing back in response to high prices. So you start counting in the second quarter. Let's start counting in the second quarter. And to that, I say, well, if the second quarter is negative and then the third is negative two, which seems very possible, why not just start in the third quarter

because that second quarter is clearly no good. In fact, I think the rule should be that we can't consider ourselves to be in a recession until we actually have a quarter of growth, and then we'll say, oh, maybe that was a recession, but now it's growing. We pulled the car out of the ditch. See how they do this. It's all turned around now forget about that. Forget about that. Remember what Biden said he would shut down the virus,

he would not shut down the economy. He did not shut down the virus, obviously, but the economy shut that down pretty good, the exact reverse of what was promised. He didn't get elected with the promise that he would just manage to stay upright and only mumble unintelligent twenty percent of the time that he spoke, or thirty percent of the time. That wasn't the promise. It wasn't you know that I'll be able to be sort of the bag of bones out there in front of everybody, muttering

nonsense and gibberish. No, no, no, it was supposed to be amazing. It was supposed to be unity, prosperity, crushing COVID, bringing economic economic growth. None of that has happened. In fact, Biden did the most divisive thing during COVID of all with his federal mandate all the vaccines that do not work, not as a vaccine supposed to. I mean, you could say, well, it reduces a percentage of the severe infection for a

sixty day window. Oh that's great, that's great, So you better get those shots every two to three months for the rest of your life, or else you're just getting COVID, like everyone's getting COVID. Do you think anybody, by the way that was trash yours truly? Even last summer, for I wasn't even saying they've actually don't work very well at all, which they don't work very well at all. I was just saying, look, something's going on here, something

little skeptically. You think any of the blue checks that were you're a monster, you're killing Grahama, you think they say, wow, You're willingness to take a difficult position based upon emerging data is something to emulate for anybody who works in the space of news, punditry analysis. No, of course not. What we've we've turned into in this country, unfortunately, is a country of people who would rather be wrong and stupid on the left than ever admit that they were wrong.

They'd rather just keep on doubling down and trippling down on the wrong than have to look at the people on the right and say, wow, maybe you guys had a point, Maybe you're smarter than a thought, which is true, we on the right are smarter than the left thought. Turns out I'm a fan of the company Wolf and Shepherd. They make amazing shoes for men. Now they look like dress shoes, but I don't want you to think about

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r d Wolf and Shepherd dot com. Now, I was just speaking about COVID and how they never admit that they're wrong. This is remarkable. Dozens of incoming university I'm sorry they're incoming medical students. I thought they were graduating when I talked to you. They stormed out of a pro life doctor's keynote address during their White Code initiation ceremony. She didn't say anything about abortion. But this is these women are They've been brainwashing and there they're monstrous, these

met students. This is people are losing faith in doctors. Do no harm, don't do any harm to the baby in the womb either. Should be pretty straightforward. And I know the medical community has been corrupted as a part of the abortion industry for decades. Not all doctors, but a lot of doctors have. They're going to have to

justify that. Now they're going to have to try to explain medically, why a baby in the seven month, the eighth month, the ninth month, and yes, as the pro life movement holds it, the first month, the first few weeks, why is that not a baby? Explain how that is not in fact a baby. But doctors have, unfortunately through COVID, seen their profession become highly politicized. Better to be a lib in a lab coat and wrong than to be honest with the data and the truth and assist the

right in terms of the political positions out there. They would rather force patients to do the wrong thing that admit that the right was in the right. This has been true all throughout COVID. You know, you've got these doctors, by the way, they're of course the one storming out. They're all wearing masks. A lot of people in this auditorium wearing masks. Why Why it's theater, folks, it's theater. They've all either they've all been vaccinated it. Obviously, they're

all probably getting their boosters. They've already gotten their boosters. They're young, they're medical school students, they're at basically no risk of COVID, and they're throwing they're throwing a panic right now, you know they're they're thinking about declaring you know, the medical community such as it is. World health organizations declared monkey pox a global health emergency. It is not a global health emergency unless you are in a high

risk group. Now they won't speak about what the high risk group is, although the Washington Post even printed an editorial about this over the weekend. Monkey Pox thus far in America has been ninety eight percent of cases involved gay men. That's what the Washington Post says. That data is wrong. I'll correct it, but this is what the Washington Post is saying. Now, obviously, you want to try to contain the virus and you don't want people getting this,

any people getting this at all. But if you're going to be serious about epidemiology, you have to think about risk factors. And we have been through this before. The CDC horrifically, in my opinion, always exaggerated the threat of HIV outside of communities, or rather in communities where it

was very unlikely to be a problem. And they did this intentionally because they thought that it would create greater political impetus for vaccine research dollars, etc. So they exaggerated the threats outside of where the threat of the spread of HIV was predominant. For political reasons, Fouci was a huge part of this. This is what This is what actually happened in the eighties and the nineties, and with Monkeypocks,

it seems there's a similar mentality at work. You know, people who are smokers are at much greater risk for lung cancer. So if you're going to try to help people who have lung care or prevent people rather from getting lung cancer, you probably want to focus on smokers first. But instead we have this idea that everybody is going to be treated like they're at the same degree of risk from this virus. It's just not true. I don't have time today for climate change lunacy. But the short

version is it's hot, so there's thing. It's climate change. No, no, no, we'll get into that tomorrow. Thanks for rolling team Shields High

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