DISASTER: Biden’s Economy Is Already in a Recession Based on Analysis of 10-Point Drops in Consumer Indices
Biden’s economy is already in a recession.
The Daily Mail reported on two professors’ claims that the US is already in a recession.
America has already slipped into a recession that could be as bad as the 2008 financial meltdown according to key consumer data, a Dartmouth College professor has warned.
David Blanchflower, of Dartmouth, and Alex Bryson, of University College London, say that every slump since the 1980s has been foreshadowed by 10-point drops in consumer indices from the Conference Board and University of Michigan.
The indices are drawn from questions put to ordinary Americans about their income expectations, employment conditions and what they expect for the US economy in the near future.
