Democrats can lie about the damage Biden's policies are doing to the American economy but tens of millions of Americans are not so stupid that they believe the lies. That is why democrats are facing serious threats to democrat seats in Congress in the 2022 election.
Recession fears are beginning to spike across Washington and Wall Street, complicating President Biden’s agenda heading into the midterm elections.
Economists say the Federal Reserve System’s efforts to lower soaring inflation by raising interest rates are likely to trigger a recession in the coming months. They note that the economy, wracked by supply-chain issues and an overgenerous COVID-19 relief package, appears primed to enter a tailspin as interest rates jump.
“Most signs that count are pointing to a recession,” said Carl Schramm, an economics professor at Syracuse University.
Recession fears spell trouble for Biden’s agenda, Democrats
Recession fears are beginning to spike across Washington and Wall Street, complicating President Biden’s agenda heading into the midterm elections.
www.washingtontimes.com
Recession fears are beginning to spike across Washington and Wall Street, complicating President Biden’s agenda heading into the midterm elections.
Economists say the Federal Reserve System’s efforts to lower soaring inflation by raising interest rates are likely to trigger a recession in the coming months. They note that the economy, wracked by supply-chain issues and an overgenerous COVID-19 relief package, appears primed to enter a tailspin as interest rates jump.
“Most signs that count are pointing to a recession,” said Carl Schramm, an economics professor at Syracuse University.