As the elitist morons continue to argue over the technical definition of ‘recession’ the rest of America continues to feel the pain of policies these same elitist morons put in place. It’s like watching pigs argue over whether they are wallowing in manure or compost. Fellas, it’s shit. You’re standing in shit. Quibbling over the verbiage isn’t going to change that. https://www.breitbart.com/economy/2022/07/28/bidencession-u-s-gdp-shrinks-0-9-percent-in-second-quarter/
Don’t worry though. These same idiots have an idea to turn this economy around: More spending. HA! Why didn’t we think of that? Everyone knows when money starts to lose its value the solution is to spend more! Sure, let’s put out that fire with some gasoline! That’ll do it. Hold on to your wallet because Chuck Schumer and Joe Manchin are about to unveil a plan to spend $700 billion dollars! https://www.politico.com/news/2022/07/27/manchin-schumer-senate-deal-energy-taxes-00048325
We’re starting to get the feeling it’s not a good idea to have professional politicians with zero real world experience making important financial decisions. But on the upside? They won’t feel the impact at all when things get worse. Nope. They’re covered. They have government jobs. It’ll be the regular dopes that elected these buffoons that really get walloped. Just like always.