Trump: ‘We are changing the definition of a recession to 8 quarters of negative GDP growth’

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Washington – “We are officially changing the definition of a recession to eight quarters of negative GDP growth,” President Trump said in an early morning conference call.  “Two quarters of negative GDP growth, or the prior definition of a recession, is opaque, unclear and just plain wrong.  A real recession last longer than two quarters and should be eight.”  President Trump went to further state how the Federal Government is willing to continue changing the definition of a recession up to 12 quarters of negative GDP growth and beyond.  “Under my Presidency, we will never have a recession.  I am willing to change the definition of a recession as many times as needed until we have positive GDP growth.”  Stocks rallied on the news that the United States will likely never enter a recession ever again.

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