Bloomberg gets its recession forecast 100% wrong, but Biden can't get any respect for strong economy

1 year ago 57

President Joe Biden has shown once again why economics is often referred to as “an inexact science.” On Wednesday, the Biden-Harris campaign posted on X, formerly known as Twitter, two headlines from Bloomberg dated a year apart.

Oct. 17, 2022: “Forecast for US Recession Within Year Hits 100%.“

Oct. 17, 2023: “US Economic Data Keep Coming In Stronger and Defying Forecasts” (Biden’s name does not appear once in the story). 

RELATED STORY: Media goes hard on spinning good jobs numbers into bad economic news

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