Independent Conversations

Redefining “Recession,” Semiconductor Pork, Fauci Doubles Down


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What’s one thing both parties agree on? Subsidies for big businesses with lots of employees—even if it comes at the expense of taxpayers and consumers. That’s the impetus behind last week’s semiconductor pork-barrel bill. At the same time, the Biden administration, spooked by inflation, sets out to change the definition of “recession,” apparently in hopes that terminology will ease the impact of disastrous spending and monetary policy. Then there’s Dr. Fauci, who now tells us that if he had it to do all over again, he’d insist on even more draconian lockdowns and restrictions.

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Independent ConversationsBy Independent Institute