If you are a Republican, we are, if a Democrat, apparently not.
Life is so simple these days. If it is perceived as bad and your opponent is potentially responsible, it applies. If your team is potentially responsible, then it does not.
If you are neither, you have the burden of trying to actually figure out the answer to the question.
A recession is technically defined as negative growth in GDP over 2 consecutive quarters.
This has happened.
It also assumes that a contraction in the economy will result in significant job losses and increased unemployment.
This has not happened yet, so it can be argued that it is not really a recession, because folks are not desperately looking for work.
What is unique in this case is that thanks to COVID, people were forced to stay home, and many have not returned to work, but have not filed for unemployment either. They have exited the workforce, a disproportionate number being woman, and also younger adults and early retirees. It appears that folks have chosen alternative lifestyles. Now if one stays at home and mows your own lawn, paints the house yourself, or decides to raise your children yourself rather than employ a day care mom, you continue to add value to the economy, but you no longer factor in the GDP calculation. So perhaps the Democrats are correct, the true economy is not contracting.
If you are sitting at home living off government handouts however, then you are contributing to inflation and not adding value to the economy. Then the Republicans are correct, we are in a recession.
The key for me therefore is what are these folks doing that exited the workforce and are now contributing to supply chain challenges in the formal sector. Are they contributing to the economy in the informal sector, or are they sitting on their a@#$?