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Bad news for the rich, but good for the sake of the poor. Far be it from me to blame the Democrats for the nation's debt. A recession is needed to reset rather than prolong the inevitable. For what it's worth, I always find comfort in knowing I'd rather be the one who suffers than to pass it on to future generations. I also do not approve of ruining the planet through greed.The nation will be in a recession. All the excuses from the Democrats will be considered lies. They are. Gas prices rises and food shortages begun .... Get ready for a rocky second half.
Recession will hit the poor the hardest, though.Bad news for the rich, but good for the sake of the poor.
Recession will hit the poor the hardest, though.
Yes, the rich ones will loose some percentage of their wealth, but the poor ones will lose their jobs, homes, health, ability to pay debts etc.
You have described inflation. Recession is much more than just inflation, though.The poor and the elderly in fixed incomes, will have less buying power and will
have to cut back on certain things, like food, medical needs and drugs.
You have described inflation. Recession is much more than just inflation, though.
where as Trump did it because he was such a humanitarianInflation will trigger the recession as the Feds raise interest rates to try and
slow it down.
The problem is that the government under Biden, just keeps printing
more and more money to give to foreign nations so the President will
feel liked.
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