Thursday 12 May 2022 01:05 AM Sunrise David Koch embarrassing blunder on recession: Jason Clare trends now

View
comments

Channel Seven finance guru David Koch has made an embarrassing live TV gaffe about the economy during a showdown with Labor campaign spokesman Jason Clare. 

Kochie, who trained as an accountant, defended Prime Minister Scott Morrison's record during the Covid crisis following criticism from Mr Clare on Thursday morning. 

'They kept us out of recession though during the greatest economic threat since the Great Depression with the pandemic,' Koch said. 'They haven't done too bad.' 

The visibly confused Opposition frontbencher - who has outshone Mr Albanese at moments during the campaign - replied: 'I think we went into a recession Kochie. The last time I remember we went into a recession.'

Koch then doubled down and insisted the economy did go into recession.