TWO AP’S IN ONE! – Funding Watch

by Ed Driscoll

Shot:

Chaser:

A recession is a falling-off of financial exercise that could be a short lived phenomenon or may proceed right into a despair. A typical definition is 2 straight quarters of financial contraction. A extra official willpower is made by the Nationwide Bureau of Financial Analysis, which considers a spread of indicators in declaring a recession. The bureau’s willpower is often made properly after a recession has begun and generally after it has ended.

—The Related Press Stylebook, June 13, 2022.

And as Steve noticed earlier immediately:

As Steve requested in his exit query, “If you happen to ever doubted that the AP had turn out to be a authorities mouthpiece, do you continue to?”

UPDATE:

Then vs. now: What’s a “recession?”

“The celebration instructed you to reject the proof of your eyes and ears. It was their closing, most important command.”

We live in a George Orwell novel. pic.twitter.com/Woa3i9evNn

— Younger People for Liberty (@YALiberty) July 26, 2022