Posted on Aug 21, 2023
US economist warns Americans to ‘hunker down’ and ‘save your pennies’ as economy overheats
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Article Quote: "Using one word to describe the state of the economy, Lazar claimed it’s "overheating": declining manufacturing activity, consumers pulling back, "egregiously high" everyday prices, "a way too tight" labor market with too much government spending."
Our Country is in trouble. Democrats can't spend their way out of this problem, and that's all they know how to do.
"Though the Biden administration recently celebrated the Inflation Reduction Act’s one-year birthday, the economist argued the fiscal stimulus made a "counterproductive" impact on the Federal Reserve’s rate hike campaign to control inflation."
Our Country is in trouble. Democrats can't spend their way out of this problem, and that's all they know how to do.
"Though the Biden administration recently celebrated the Inflation Reduction Act’s one-year birthday, the economist argued the fiscal stimulus made a "counterproductive" impact on the Federal Reserve’s rate hike campaign to control inflation."
US economist warns Americans to ‘hunker down’ and ‘save your pennies’ as economy overheats
Posted from foxbusiness.com
Economy
Health
Joe Biden
Policy
Posted 9 mo ago
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Progressives honestly believe they can buy their way out of anything. When they can't they freeze and try to blame others for their policies.
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Also small businesses (60% of businesses in US) are in trouble. Thanks OBiden administration. This is all on the Democrats/ Left.
https://www.foxnews.com/media/kevin-oleary-warns-chaos-begin-us-economy-wake-smell-roses
https://www.foxnews.com/media/kevin-oleary-warns-chaos-begin-us-economy-wake-smell-roses
Kevin O'Leary warns chaos is about to begin for US economy: 'Wake up and smell the roses'
O'Leary Ventures chairman Kevin O'Leary joined "Fox & Friends" to discuss the dire situation facing small businesses due to high interest rates.
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As long as we have the spending administration in place it will continue to get worse before it gets better if an administration gets in that wants to serve "we the people". Remember when the left trashed the Republicans because they did not want to sign the VA bill? They did not want to sign because the Democratic pork was more than what was being allocated to the veterans. Enough Republicans finally voted for the bill so it passed. We the people have some serious weeding to get done so we have people in office that put the people and country first.
At the same time, people ask people on the street who the VP is for the United States and they don't know. Guess that's why we need to teach about gender versus civics in our educational systems. [Snarky]
https://www.axios.com/2022/07/31/toomey-democrats-funding-veterans-bill
SFC (Join to see) Lt Col Charlie Brown CMSgt Marcus Falleaf SFC (Join to see)
At the same time, people ask people on the street who the VP is for the United States and they don't know. Guess that's why we need to teach about gender versus civics in our educational systems. [Snarky]
https://www.axios.com/2022/07/31/toomey-democrats-funding-veterans-bill
SFC (Join to see) Lt Col Charlie Brown CMSgt Marcus Falleaf SFC (Join to see)
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That's all Progressives do is spend taxpayer money. It gives them more power with the companies they spend the money on.
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