Our world can seem pretty confusing sometimes. But do you ever wonder why it works the way it does? Author of the Tuttle Twins series, Connor Boyack and writer Brittany Hunter are here to help you understand how the world works so you can make educated opinions about our wonderfully crazy world.
Let’s be real: America’s economy is in the tank. You don’t have to be a rocket scientist (or economist) to figure that one out. Heck, you just have to set foot in a grocery store! But, dire as our situation is, it’s still not a recession… At least, not according to the “experts.” Never mind that our economy has experienced two straight quarters of negative economic growth. (Until about last week, this was the literal definition of a recession.) The thing is, recessions aren’t so good for politicians. Especially not in a big election year. So, rather than addressing the root causes of our horrible economy, our politicians are doing what they do best: changing the terms. That said, it’s no surprise that Biden’s Treasury Secretary Janet Yellen is now claiming we’re not in a recession: she says we’re just in a “period of transition in which growth is slowing.”