The mainstream media seems poised to unleash its latest whopper: a manufactured narrative that attempts to rewrite the economic history forged under President Joe Biden’s administration. Like clockwork, they’ll dress up the language to fit their agenda, aiming to reshape perceptions as the economy struts its stuff (or maybe shuffles) under the prospect of a potential President Donald Trump.
While many may think the Biden era is behind, it’s far from over. The fallout from the so-called Biden recession—a period defined by two consecutive quarters of economic decline in late 2021 and early 2022—has reared its ugly head. Yet, as if conjured from some progressive magic trick, the “non-partisan” National Bureau of Economic Research suddenly decided that standard definitions of recession no longer apply. Instead, they’ve cooked up an entirely new understanding that conveniently absolves Biden of any blame while playing semantic gymnastics with an economy that had already gone belly-up.
Even the White House jumped on the misinformation bandwagon, touting a “holistic approach to the data” to suggest all was well in the land of milk and honey. The mainstream media cheerleaders, as expected, did their part to pretend the recession was merely a hiccup rather than a foregone conclusion within economic cycles. How convenient for them.
The stark reality remains that any flicker of economic growth during Biden’s tenure has been an illusion propped up by astronomical budget deficits. Those numbers on the board? They don’t tell the whole story. The massive deficits stemming from his spending habits have stymied genuine economic recovery, relegating the nation to living in a permanent government-induced recession that began with the pandemic lockdowns. The Biden administration’s strategy seems to be grasping at straws, mistaking excessive spending for viable growth while ignoring the underlying truth that deficits are a burden on future generations.
As the nation digests this hangover from the Biden party, the Left is already trying to coin clever terms—like “Trumpcession”—to shift the blame should the economic forecast darken. Their historical memory conveniently forgets that in 1992, Bill Clinton famously vilified George H.W. Bush for an economy that was actually on the mend. It’s a classic play, one that the media knows well: turn a period of recovery into a punchline against an opponent.
The reality is lay bare: all financial gains over the past years are largely attributed to an unsustainable cycle of deficit spending and government regulations. Growth in this environment is hardly organic but rather a byproduct of policies rooted in the chaos of the last few years. Undoing the Biden regulatory binge poses risks not just for the current administration, but for all of Congress—a prospect that some so-called Republicans appear unwilling to tackle.
As the nation braces for economic turbulence, it’s important to remember that President Reagan faced a similar challenge in the early 1980s. He made the politically brave decision to combat stagflation, which, while painful in the short term, yielded decades of unprecedented growth. This forthcoming “Trumpcession” may represent the final challenge stemming from four years of Biden’s economical follies, and whether Americans are ready to pay the price for that remains to be seen.