Stephen Colbert absolutely destroyed CNN and MSNBC as he played a montage of the networks spinning for President Joe Biden’s administration about the United States being in a recession.
During the “Late Show with Stephen Colbert” Thursday, the late-night host stated the definition of a recession in his monologue as he mocked those on the networks who seemed unable to state the facts about the current state of the economy, comparing them to walking into a cave blindfolded. It starts at the 5:44 minute mark here.
“So, we’re in a recession. Or are we?” Colbert told the audience. “According to the White House, two consecutive quarters of economic contraction does not, in and of itself, constitute a recession.”
“Thankfully, we have cable news to cut through all the