Britons will choose their next government on July 4th, Prime Minister Rishi Sunak has said as he announced the next UK general election.
The post Independence Day? UK General Election Called For July 4th appeared first on Breitbart.
As Americans struggle to keep up with the rising tide of prices and feel the squeeze of high interest rates on housing, President Joe Biden continues to claim that the economy is good. βBidenomicsβ is working, thereβs no recession to see here, so shut up and enjoy the drag queen performances at the White House.
That narrative took a hit back in 2022, however, when America experienced two consecutive quarters of decline in gross domestic productβthe traditional definition of a recession. In the first quarter of 2022,Β inflation-adjusted GDP declinedΒ in the U.S. by 1.6%, and it declined by an additional 0.6% in the second quarter of that year.
The Biden administration responded by simply redefining the word βrecession.β The move made a bizarre kind of sense coming from a bureaucracy that has redefined what it means to be a woman.
The White House stated in July 2022 that βit is unlikely that the decline of the GDP in the first quarter of this yearβeven if followed by another GDP decline in the second quarterβindicates a recession.β
The Heritage Foundation, a stick-in-the-mud organization that doesnβt support willy-nilly redefining words to suit the woke movement, decided to get to the bottom of this whole redefining-a-recession nonsense. Heritageβs Oversight Project filed a Freedom of Information Act request in July 2023, asking the Treasury Department for internal communications regarding recessions. (Heritage created The Daily Signal in 2014.)
Treasury asked Heritage to narrow the parameters of the request. It did so. Treasury refused to hand over the documents by the time required by law. Heritage sued. Late last month, Treasury handed over some documents.
The catch? Most of the conversations in those documents have been redacted.
To be sure, we do get little gems like βIβd be glad to discuss tomorrow or Monday,β and βThank you for forwarding.β These largely meaningless pleasantries are among the few words Treasury apparently deems nonthreatening enough to reveal to the public.
Many pages simply feature a large black box redacting the entire page.
One email shows Treasury staff discussing a quote from the International Monetary Fund stating that a βtechnical recessionβ consists of two quarters of economic decline.
βFor the United States, some indicators, such as the Federal Reserve Bank of Atlantaβs GDPNow forecasting model, suggest that a technical recession (defined as two consecutive quarters of negative growth) may already have started,β Gene Sperling, a senior adviser to Biden, quoted the IMF in an email on July 26, 2022.
Treasury redacted Sperlingβs own words in his email, along with the substance of every email responding to him.
So, Heritage plans to sue again.
βThe Oversight Project sued the Treasury Department to seek answers on why the Biden administration gaslit the American people into changing the definition of recession,β Kyle Brosnan, chief counsel at the Oversight Project, told The Daily Signal. βWe have received multiple document productions from our lawsuit showing that there were a lot of communications about this change, but excessive redactions have hampered our ability to determine the truth.Β We intend to challenge these redactions as we progress in the case.βΒ
The Biden administrationβs apparent attempt, yet again, to hide the substance of internal discussions about the definition of a recession raises more questions than answers.
Did Treasury officials intentionally twist the definition in order to politically protect Biden in a midterm election year? Did they develop strategies for hiding negative economic news that might interfere with the 2024 election? If they werenβt trying to monkey with the definition of recession, why are they so insistent on hiding that fact?
Perhaps the Biden administration merely wishes to redefine βtransparency,β as well.
The post WHAT ARE THEY HIDING? Biden Admin Redacts Its Justification for Altering the Definition of βRecessionβ appeared first on The Daily Signal.
A Conservative who got sepsis and lost all his limbs last year has returned to Parliament for the first time, to standing applause.
The post Watch βBionic MPβ: Lawmaker Who Lost Arms and Legs to Sepsis Returns to Parliament appeared first on Breitbart.
More than 500 political candidates have been placed under federal protection as a way to ensure the safety of the upcoming elections, said Mexican President Andres Manuel Lopez Obrador. The assertions follow the murders of more than 30 candidates during the current electoral cycle.
The post More than 500 Candidates Under Federal Protection, Says Mexican President appeared first on Breitbart.
California State Rep. Vince Fong (R) won a special election on Tuesday to fill former House Speaker Kevin McCarthy's (R) seat and finish his term, which runs until January.
The post Republican Vince Fong Wins California Special Election to Fill McCarthyβs Seat appeared first on Breitbart.
If Donald Trumpβs social media venture is going to vindicate the faith of investors who have given it a six billion dollar market value, it must learn a critical lesson from the tech titans of the past: substantial early losses can be a harbinger of long-term success.
The post Breitbart Business Digest: Trump Media Should Lose More Money appeared first on Breitbart.
The Michigan community of Green Charter Township on Friday lost a court battle to block Chinese-linked electric vehicle (EV) battery manufacturer Gotion Inc. from building a factory near the town.
The post Michigan Town Loses Bid to Block Chinese-Owned Electric Vehicle Battery Factory appeared first on Breitbart.
MSNBC host Joe Scarborough said Tuesday on "Morning Joe" that former President Donald Trump's claims of a double standard in the legal system were "rank bullsh-t."
The post Scarborough: βRank Bullsh-tβ That Trump on the Wrong End of Legal Double Standard appeared first on Breitbart.