CNN’s John Harwood confirmed in 2019 that a “recession = economy shrinks for two quarters”:

Case closed, right?

But it looks like Harwood forgot he tweeted this as he’s been retweeting people saying that the two quarters is meaningless:

What a damn hack:



Politico chief economic journo’s sudden pivot on what constitutes a recession is a ‘masterpiece of hackery’

Paul Krugman says we should ignore the two-quarter rule defining a recession

Biden economic adviser Brian Deese brought out to change the definition of ‘recession’ for the press