Joe Concha: Denying recession is an 'insult to our collective intelligence'

Fox News contributor Joe Concha discusses the Biden administration's reluctance to admit that America is in a recession on 'The Evening Edit.' #foxbusiness #theeveningedit

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

[russellrandle]

We the people need to rise up and take then out of our house

[nancynutt]

Change the word…change the meaning of the word….control the language….. control the people… self censorship achieved! Game.Set. Match!

[jimpatriot]

Just like in the movie "the wizard of IGNORE THE MAN BEHIND THE CURTAIN! 🤣

[georgeoneal]

It's an insult to the poor, middle class working people and senior citizens

[paulslater]

It's not a cost of living crisis it's a cost of voting democrat crisis

[andret]

Yesterday walked into Subway. Walked out with a $16 sub after getting McDonald's large tea my lunch was $18. Wasn't too long ago $18 bought a pretty high end meal in a sit down restaurant. Now even walk out fast food is ridiculously expensive. This "job growth" is a bubble. My knee jerk reaction is screw Subway not going back. I can't imagine with prices as they are more people are going to dramatically cut back. This will result in decline jobs. We are in a weird post pandemic economy, who really knows.

[uncleterry]

You have to take into consideration that statements like these are meant to shore up his base, which have been duped so far.

[ManyHeavens]

Hey there you're right it's a depression depression depression

[xxdeadxangelx]

Our taxes are going to skyrocket in 2023

[neil]

They changed the definition on wikipedia.... look it up...

[kimcissell]

Depression and Collapse are inevitable at this point. Fuel and food rationing to come.

[irickbrowne]

Liz. You and joe.c makes me happy 😃 thanks Just saying.

[JohnSmith-tkqj]

But Trump's denial that he lost the election is okay with this crowd. Got it.

[sunshinehippie]

These politicians are all wealthy! Should have went into politics

[cassieshaffer]

He is right. I can see for myself what money o ha e spent. I dont need a shady government telling me red is blue! Dont care what they say i am broke 💯

[jjold]

No recession.. we called depression
Well where Nancy pelosi ?? What she can do to help America 🇺🇸??
Oh this woman
Went out for a chip trip ?? Or the the election 2022 & 2024 ??
God help America please

[czechmarque]

Back when it was the Orange Man they declared his policies a complete failure after only 1 quarter of negative growth.

[DroppingBombsever]

Has anyone ever did the math of exactly how much gunpowder and projects the founding fathers told everyone to keep just in case stuff went south? If we used Nato spec ammo and gunpowder loading to those specs, How much ammo are we all supposed to have? Simple logic: powder + projectile + primer + case = Militia cartridge. So how much ammo is required? That would settle the ammo debate. My gift to you is this mathematical equation for all firearm owners, please reachout to any to assist in solving that equation. JC what is your thoughts on this mathematical equation?

[michaelgautreaux]

Y'all got "Voter Regret" yet?

[oscarwindham]

Joe Concha, one of the most level-headed individuals there is but a biased Right-Winger which detracts from his otherwise sound commentary which is demonstrated at the 2:03 point when he states - "...we spent too much money and now we're paying for it." (slight shaking of head with a shallow sigh) This statement in itself does illustrate the reason why we're in a recession but not exactly for the reason as stated and please forgive the contradiction. (again, slight shaking of head with a shallow sigh) Just because we, as in our federal government, have spent a lot of we the people's electronically generated monies (QE) absolutely should not automatically result in a recession and the reason why it has is because of the greed/avarice of Big Corporate Business, which includes Big Oil. This should be the focus that is required to fix this problem so that it doesn't keep happening, the old boom/bust, inflation/recession cycle. If something isn't done to dampen the greed/avarice of Big Corporate Business, we will eventually be looking at a $50 loaf of bread.