With the United States poised to enter another recession next year, the economy will take center stage heading into the 2024 presidential election.
So, what better time to leave than heading into election season?
According to Bloomberg News, National Economic Council (NEC) director Brian Deese will be leaving the White House in the spring or summer.
This comes after Deese told the Economic Club of Washington that he did not have any plans to leave the administration.
It is widely expected that Deputy Treasury Secretary Wally Adeyemo will lead the NEC.
Cecilia Rouse, another key White House economic advisor, is also expected to leave early next year.
Deese became famous for suggesting that if you do not count things causing inflation then there wouldn’t be any inflation.
Rouse rose to prominence after writing in a White House blog post that the definition of a recession should be changed, which was published just days before it was revealed that the U.S. slipped into a recession.
Good riddance! They were further evidence, as if any more was really needed, that words have meanings, and that creating new definitions for those words doesn’t change the truth.