There’s nothing the Biden administration can do at this point to reverse the direction our economy is headed in.
Unfortunately for the average American citizen, that means a recession is likely headed our way. Similar to the ‘transitory’ stage of the Biden’s inflationary crisis, one where his administration lied to Americans by claiming price hikes were temporary, White House economic advisors have begun warning about another recession.
National Economic Council Director Brian Deese would not rule out a possible recession during a Sunday interview on CNN’s “State of the Union.”
Host Dana Bash asked whether the U.S. is at risk of falling into a recession.
He proceeded to launch into a 45-second deflection that in no way answered the question.
Dana Bash: "Are you confident that the U.S. can avoid a recession?"@BrianDeeseNEC: "The United States is in a better position than any other country." https://t.co/rWGQF2RXdl pic.twitter.com/qkhNseYy5T
— The Hill (@thehill) May 23, 2022
This is precisely how a politician-turned-economists would answer a question from a CNN pundit about the harrowing realities that come along with economic recession.
It wasn’t long ago when Americans struggled under the previous recession, which Joe Biden just so happened to be front-and-center for as Vice President of the United States.
Now, as President, Biden’s policies (all of which have been influenced by globalist corporations and world governments) have caused the U.S. economy to barrel toward collapse.
Deese said Americans are increasing their savings and paying down debt while businesses are investing in the economy to make his point.
When asked if he was confident the United States could avoid another recession, Deese failed to give a straightforward answer.
Deese said the U.S. was in a “better place than any other country” and that the administration was focused on bringing inflation down before the interviewer cut him off.
“But you’re not saying no,” Bash said.
“Look, there are always risks, but we feel very good about where the United States is, particularly when you look on the global landscape.”
Inflation reached its quickest uptick since December 1981 and soared to 8.5% in March.
Consumer prices are up across the board as well.
The greatest indicator of a destroyed economy is not projections on a graph or theoretical numbers on a spreadsheet. It’s the American spirit.
The American spirit is down, and morale has tanked along with it — all as a result of an unrelentingly destructive economy that dissuades innovation, small business, and freedom.
Author: Ann Taylor