These content links are provided by Content.ad. Both Content.ad and the web site upon which the links are displayed may receive compensation when readers click on these links. Some of the content you are redirected to may be sponsored content. View our privacy policy here.

To learn how you can use Content.ad to drive visitors to your content or add this service to your site, please contact us at [email protected].

Family-Friendly Content test

Website owners select the type of content that appears in our units. However, if you would like to ensure that Content.ad always displays family-friendly content on this device, regardless of what site you are on, check the option below. Learn More

It’s Official: U.S. Has Entered a Recession

It’s Official: U.S. Has Entered a Recession

Joe Biden inherited a booming economy from Former President Donald Trump only to destroy it two years later.

Despite constant attempts by the Biden administration to change its definition, the U.S. has officially entered a recession.

A damning report from the Bureau of Economic Analysis was released Thursday morning. It showed that America’s GDP fell at a 0.9% annualized rate, marking the second straight quarter of decline, which happens to be the technical definition of a recession.

The federal government has spent an obscene amount of money since Joe Biden assumed office. Between COVID relief spending and military aid to Ukraine, the U.S. economy has struggled to stay above water since the Biden administration began unleashing their progressive agenda.

Americans have grown incredibly frustrated by the lack of transparency in the Biden administration as officials still won’t even admit there’s a problem.

The White House preempted the release of Thursday’s report in the hopes of mitigating backlash from voters, but many Americans have seen past their lies.

White House press secretary Karine Jean-Pierre insisted that the “technical definition” of a recession is not two consecutive quarters of declining GDP, and Biden’s chief economic advisor is signing the same tune.

Meanwhile, in 2008, Brian Deese seemed to accept the working definition of a recession, which just proves how desperate the White House has become to bury the facts.

The Federal Reserve has reacted to Bidenflation by once again raising interest rates. On Wednesday, bankers announced they would increase rates by unprecedented three-quarters of a percentage point after doing the same last month.

On Wednesday, following a two-day meeting, the Federal Open Market Committee announced it would increase its interest rate target by three-quarters of a percentage point. The central bank typically raises rates by just a quarter of a percentage point, so the move was akin to three simultaneous rate hikes and speaks to the desperation of officials who want to bring prices down.

The labor market is also in shambles as average wages are not able to keep up with price hikes on consumer goods. American workers are struggling to stretch their dollar as more and more money flies off the printing press.

Democrats, however, seek to combat inflation by doubling down on the same policies that got us here in the first place. Their answer is to keep spending on a federal level in the hopes that injections of cash with restart a stagnate economy — but everyone knows that’s not how it works.

Author: Nolan Sheridan


Most Popular

These content links are provided by Content.ad. Both Content.ad and the web site upon which the links are displayed may receive compensation when readers click on these links. Some of the content you are redirected to may be sponsored content. View our privacy policy here.

To learn how you can use Content.ad to drive visitors to your content or add this service to your site, please contact us at [email protected].

Family-Friendly Content

Website owners select the type of content that appears in our units. However, if you would like to ensure that Content.ad always displays family-friendly content on this device, regardless of what site you are on, check the option below. Learn More


Most Popular

Most Popular


You Might Also Like

The Big Secret Behind Trump’s 2024 Win

The Big Secret Behind Trump’s 2024 Win

Talk about the price of freedom. Elon Musk’s Super PAC reportedly spent an eye-popping $200 million to help…
Trump Taps Immigration Bad-A** to Tackle Border Crisis

Trump Taps Immigration Bad-A** to Tackle Border Crisis

President-elect Donald Trump has wasted no time making good on his promise to enforce a hardline approach…
NATO Unites Behind Trump Against ‘Axis of Authoritarians’

NATO Unites Behind Trump Against ‘Axis of Authoritarians’

NATO Secretary-General Mark Rutte is sounding the alarm about a new and dangerous “Axis of Authoritarians”—namely, North Korea, China,…
Witch Hunter #1 Rallies Lawyers To War Against Trump

Witch Hunter #1 Rallies Lawyers To War Against Trump

President-elect Donald Trump’s attorney, Mike Davis, didn’t mince words during a recent interview with Benny Johnson, issuing…