[The Biden administration is leading the campaign to deny economic reality just as it is on COVID. At a press conference after the GDP figures were announced, Yellen said economists and most Americans had a definition of recession that included job losses and mass layoffs, private sector activity slowing considerably and “family budgets under immense strain,” and that is “not what we’re seeing right now.” ] FROM the WORLD SOCIALIST WEB SITE The mentality of the American ruling class -not just its deranged WOKE ideology nonsense - seems to have a somewhat ( IVY League instructed ? ) philosophical basis in the bold denial of OBJECTIVE REALITY . The bourgeoisie could never face the fact of being HISTORICALLY DOOMED. With the collapse of the Soviet Union more than a generation ago they were euphoric with a feeling not of reprieve but of endless PROFIT FIRST , "free enterprise " bliss. But the inherent CONTRADICTIONS of capitalism are now in year 2022 back with vengeance. A=A until it no longer = A. All things come into existence and pass out of existence. Ask KING DINOSAUR ! Decaying capitalism operates out of mutually hostile nation-state alliances. It needs a sinister foreign enemy and prepares for apocalyptic nuclear World War III . Stay tuned !