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Great 2024 News For Biden As Fed Sees No Recession Coming
The Federal Reserve issued a new economic forecast that shows economic growth continuing and the economy having a soft landing from the pandemic that avoids a recession.
Tagged Recession
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Biden Uses New GDP Report To Hammer Republicans On Inflation
President Biden used the new report showing that GDP grew in the third quarter and hammered Republicans for planning to increase inflation.
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Biden Shatters Republican Dreams By Calling Out BS Recession Predictions
In an interview with CNN, President Biden wasn’t buying the predictions that the US is going to slip into a recession.
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Economist Gary Shilling: Coronavirus Recession Is “The Most Traumatic Event” Since World War II
An economist has warned that the recession induced by Coronavirus is the most serious global disruption since World War II. Gary Shilling said a quick recovery is unlikely. Shilling spoke to Bloomberg TV on Monday about the state of the economy. He said a fast recovery was “not realistic.” “I think it’s going to be…
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IMF Chief: Pandemic Will Cause ‘Worst Economic Fallout Since the Great Depression’
The head of the International Monetary Fund has issued a grim forecast about the world economy. As deaths from Coronavirus grow, most countries will also face a deep recession. IMF chief Kristalina Georgieva said that almost all of the organization’s 189 members will see living standards decline this year. She said the economic effect would…
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Experts Say Trump is Wrong About Increased Suicides Due To Closed Economy
If you feel like you are in a crisis situation, and need help or someone to talk to, call the National Suicide Prevention Lifeline, at 1-800-273-TALK (8255). One of the reasons why President Donald Trump wants to end social distancing practices set up in place to deal with the coronavirus pandemic is to stave off…
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Odds of a Global Recession “Are Close to 100 Percent,” Says Former White House Economic Adviser
Speaking on CNN, former chairman of the White House Council of Economic Advisers Kevin Hasset said a global recession is imminent, with a loss of 1 million jobs in April. “I think that the odds of a global recession are close to 100 percent right now,” Hassett said. “I think in the U.S., we’re going…
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Trump Calls Recession A Democratic Witch Hunt When Asked About Ukraine
Trump thinks that the warnings from economists that the nation could fall into a recession are a plot by Democrats to get him.
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Democrats Must Resist Recession Narrative and Critique Narrative of Trump’s Economic Success
This week’s stock market antics and the occurrence of an inverted yield curve have provided compelling evidence portending another economic recession. These economic indicators, in addition to spurring stock sell-offs and turbulent market volatility, also sparked a firestorm of debate and commentary regarding how a potential recession would impact Trump’s 2020 re-election bid. The word…
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Report: Warning Signs Show U.S. Economy Close to Recession
A new report from Axios shows that there may be cracks starting to appear in the booming U.S. economy. The report explains that there are numerous warning signs that an economic slowdown could be ahead after nearly ten years of continuous economic growth in the United States. Although a jobs report issued Friday showed unemployment…
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Wall St. Economic Expert’s Warning Should Terrify All But Rich Americans
Trump’s economic plan will confer vast monetary gains on the very wealthiest Americans while leaving Trump’s electoral base further behind.
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House Republicans Are Planning to Eliminate Food Assistance for 13 Million Americans
House Republicans have a ten year plan to eliminate food assistance for 13 million more hungry working Americans and seniors in their version of common sense cuts.
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House Republicans Congratulate Themselves On Killing a Million Jobs
Republicans are congratulating themselves for allowing the dreaded sequester to take effect knowing full well that in the first year of a ten year plan, about a million Americans will lose their jobs.
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Unhinged Republicans Completely Abandon Reality With Latest Sequester Lies
Republicans and their punditry have finally gone so far off the rails to avoid any responsibility for the sequester that they are blatantly lying and revising the historical record of the past four years.
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The Sequester Cuts are the Latest Crime in the Republican War on America
Republicans have revealed that the harm their sequester cuts were intended to cause is part of their plan that defines them as criminals, enemies of the state and the American people.