Entertainment

Stephen Colbert Destroys CNN And MSNBC As They Spin For White House About U.S. Being In A Recession

   DailyWire.com
Stephen Colbert Destroys CNN And MSNBC As They Spin For White House About U.S. Being In A Recession
CBS via Getty Images

Stephen Colbert absolutely destroyed CNN and MSNBC as he played a montage of the networks spinning for President Joe Biden’s administration about the United States being in a recession.

During the “Late Show with Stephen Colbert” Thursday, the late-night host stated the definition of a recession in his monologue as he mocked those on the networks who seemed unable to state the facts about the current state of the economy, comparing them to walking into a cave blindfolded. It starts at the 5:44 minute mark here.

“So, we’re in a recession. Or are we?” Colbert told the audience. “According to the White House, two consecutive quarters of economic contraction does not, in and of itself, constitute a recession.”

“Thankfully, we have cable news to cut through all the spin and give us some straight answers,” he added, before he directed a question to a clip of a CNN reporter, asking them about the U.S. having “back-to-back quarters of negative growth. What does that mean historically?”

WATCH:

The TV host played the clip of a CNN reporter talking about how “every single time since 1948 that you’ve had back-to-back quarters of negative growth, you’ve had a recession, every time.”

“So, that’s the case this time,” Colbert replied.

“That may not necessarily be the case this time,” the clip of the reporter said.

“Okay. Still, recession-wise, we should be able to use history as a guide, right, MSNBC?” the host asked to a clip of the other network.

He showed video of the Financial Times editor-at-large saying, “We really don’t know how far we can or cannot use history as a guide,” Mediaite.com noted.

“Sure,” the host responded. “But at the bare minimum, on the GDP next quarter, up or down?”

The host then showed video of another CNN contributor saying, “This is a number that could turn positive, it could turn more negative.”

“Okay. Last question: do you need any qualifications at all to go on TV and talk about the economy?” Colbert continued, before playing video of from MSNBC of someone being interviewed responding “it’s really impossible to tell.”

The audience cracked up throughout the entire segment.

“So, all of you all are just taking stabs in the dark like you wandered blindfolded into a cave,” Colbert said. “Thank you cable news.”

Create a free account to join the conversation!

Already have an account?

Log in

Got a tip worth investigating?

Your information could be the missing piece to an important story. Submit your tip today and make a difference.

Submit Tip
The Daily Wire   >  Read   >  Stephen Colbert Destroys CNN And MSNBC As They Spin For White House About U.S. Being In A Recession
Daily Wire Plus
Facts and headlines on the go.
Download the Daily Wire app.
Download on the App StoreGet it on Google Play
Download App QR CodeScan the QR Code to Download
FacebookXInstagramYouTubeRSS
Daily Wire PlusFacts and headlines on the go.
Download the Daily Wire app.
Download on the App StoreGet it on Google Play
© Copyright 2025, The Daily Wire LLC  | Terms | Privacy
Podcast compliance badge