WH Spokesman Frodo: No One Is ‘Predicting A Recession’

Earth to Frodo: We're already in a recession...

Thinkprogress:

Today aboard Air Force One, a reporter asked presidential spokesman Tony Fratto if the Bush administration was at all worried about a recession, given that on Friday, Sen. Hillary Clinton (D-NY) said she “think[s] the economy is slipping toward recession.” Fratto brushed aside such concerns:

QUESTION: Senator Clinton said on Saturday that the U.S. economy was slipping towards a recession. Is that a view the White House shares; why or why not?

FRATTO: I don’t know of anyone predicting a recession.