Facebook placed a ‘fact-checking’ label on a post written by a top economist stating that the United States is now in a recession – a move he termed ‘Orwellian’.Two consecutive quarters of negative growth is the standard definition of a recession, and Phillip Magness, the research and education director at the American Institute for Economic Research, posted on Facebook a commentary about the country now being in a recession.The post – which is no longer visible – was marked by Facebook’s fact checkers as being misleading.’We live in an Orwellian hell-scape,’ he tweeted.’Facebook is now ‘fact checking’ anyone who questions the White House’s word-games about the definition of a recession.’ Biden on Thursday (pictured) insisted that the country was not in a recession, despite new data showing a second consecutive quarter with negative growth Phillip Magness, an economic historian, believes the U.S. is in recession – but the White House disagreesMagness then tweeted, as the row continued: ‘Recession. n. 1. 2 consecutive quarters of negative GDP growth when the media dislikes the president. 2. A vague, holistic, ill-defined condition that you aren’t allowed to talk about until the NBER makes a determination a year from now, provided the media likes the…
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'We live in an Orwellian hell-scape': Top economist lashes Facebook for 'fact-checking' recession
