Bidenomics-Ouch
By the only apolitical, quantitative measure, 2 quarters of negative growth, Bidenomics has already caused one recession, albeit a minor one, and there are at least 5 reasons there will likely be another.
1) UAW Strike
2) Likely Government Shutdown
3) Student Loan Payments Resume
4) Higher energy prices
5) Higher mortgage rates
Joe Biden welcomes a shut down, so he can try to place all of the blame of the next recession on the Republicans.
Be aware of the intellectual dishonesty when the Democrats claim that the recession wasn’t officially declared by the National Bureau of Economic Research’s Business Cycle Dating Committee, a group of eight, the majority of who are Democrats.
https://www.nationalreview.com/magazine/2023/10/16/the-mother-of-all-fiscal-cliffs/
https://x.com/moxlosllc/status/1707211192018583564?s=46&t=Y4fVsDnz2q8uZ3VNKeco4A