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The Biden Administration and All Things Politics

Welcome to RECESSION 2022
brought to you by the democrat controlled House, democrat controlled Senate, and democrat President.

A year ago, with COVID and with supply chain issues, the economy was growing at a pace of 6.7%. Now a year later our economy is contracting and inflation is over 9%. Even the low unemployment rate is fake as there are 3 million fewer workers employed now than before the pandemic. Bravo democrats.
 
Al-O-Meter said:
Welcome to RECESSION 2022
brought to you by the democrat controlled House, democrat controlled Senate, and democrat President.

A year ago, with COVID and with supply chain issues, the economy was growing at a pace of 6.7%. Now a year later our economy is contracting and inflation is over 9%. Even the low unemployment rate is fake as there are 3 million fewer workers employed now than before the pandemic. Bravo democrats.
Click to expand...
lol
 
Al-O-Meter said:
Welcome to RECESSION 2022
brought to you by the democrat controlled House, democrat controlled Senate, and democrat President.
Click to expand...
It won't be as bad as Recession 2008 was, which in a show of the consistency you are so well known for, you of course blame on Republicans.
 
Al-O-Meter said:
Welcome to RECESSION 2022
brought to you by the democrat controlled House, democrat controlled Senate, and democrat President.

A year ago, with COVID and with supply chain issues, the economy was growing at a pace of 6.7%. Now a year later our economy is contracting and inflation is over 9%. Even the low unemployment rate is fake as there are 3 million fewer workers employed now than before the pandemic. Bravo democrats.
Click to expand...
The economy was going to grow out of Covid since GDP fell 3.5% in 2020, that was expected. Not sure what the 6.7% was as GDP was up 5.7% as we rebounded out of the dark ages, probably just a typo.

But inflation is a real issue and it sucks - and it will always hurt the ruling parties at midterms regardless of it being or not being anyone's fault.
 
One Brow said:
You're also not as optimistic as most economists are.
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Are those the same economists who said inflation was transitory and the Fed would bring us in to a soft landing? You listen to the wrong economists. Democrats have done massive damage to the fundamental underpinnings of the economy.

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Al-O-Meter said:
I am not as optimistic as you are.
Click to expand...
Apparently not as optimistic as the stock market either. .75 interest rate hike, and Q2 negative growth announced and it's surging.

Higher interest rates and inflation will not hurt corporations one bit, in fact they'll make more money. They'll continue to pass costs off to their customers, not pay their employees a fair wage, and continue to profit. Inflation will continue because corporations choose to value profits over you.

The saddest part is Inflation and gas prices are all conservatives have to campaign on, other than ridiculous culture wars. They're being led around by the nose by corporate interests who are actively taking money out of their pockets and paying their shareholders. Many conservatives are benefitting from this, and pretending they care about the working class. They have to actively root for the country to go into recession to win the midterms. They're using human suffering at the hands of corporations to strangle poor people into voting R.

I think Jesus will have a few words for you.
 
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