The United States economy is officially in a recession with the past two quarters contraction being reported by the Department of Commerce’s Bureau of Economic Analysis.
getliberty.org/2022/07/bidens… #recession #recession2022
Most Americans already knew that the economy was in trouble due to the forty-year high inflation that has bloomed due to unnecessary federal government spending splurges since December of 2020.
Intractable supply chain issues that are exacerbated by a Transportation Secretary, Pete Buttigieg, who is more interested in his next hoped for job than the one he currently holds.
U.S. based multinationals obstinate insistence in having their supply chains dependent upon the Chinese Communist Party rulers of mainland China.
Joe Biden and his apologists will try to blame everyone from Putin to businesses for this economic contraction, but the ugly truth is that recession was the only possible outcome of his transformation policies which are putting a regulatory chokehold on domestic production.
Democrats used to depend upon blue collar workers and the unions that represent them for their electoral success, and Joe Biden might be the last Democrat presidential candidate elected who outwardly appealed to workers in hard hats.
Unfortunately, his administration’s determination to sentence America to global dependency, most notably but not only in the energy sector, is an economic death sentence to much of middle-class America.
The Biden administration’s determination to outsource all environmental risk is guaranteed to outsource all of the jobs that come with that risk. Joe Biden argues that there cannot be a recession without job losses.
What will he say when the impact of his policies trickle down to workers later this year when the unemployment lines are the only things that are growing. I hope this doesn't happen, but it is the consequence of an administration at war with the engine of the American economy.

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More from @LimitGovt

Jul 28
The U.S. economy contracted another 0.9 percent in the second quarter of 2022, following a 1.6 percent decline in the first quarter and thus marking the second consecutive quarter of negative growth — usually thought to signal a recession. dailytorch.com/2022/07/u-s-fa… #recession
Since quarterly tabulation of the Gross Domestic Product began in 1947, GDP contractions in Q1 49 - Q2 49, Q3 53 – Q1 54, Q4 57 – Q1 58, Q4 69 – Q1 70, Q3 74 – Q1 75, Q2 80 – Q3 80, Q4 81 – Q1 82, Q4 90 – Q1 91, Q3 08 – Q2 09 and Q1 20 – Q2 20 have all accompanied recessions.
And then there were the non-consecutive quarterly contractions of GDP within a twelve-month period that occurred in 1960 and 2001, respectively, which similarly accompanied recessions.
Read 4 tweets
Jul 26
Don’t look now, but the race for Congress in 2022 appears to be tightening, judging by the generic Congressional ballot.
dailytorch.com/2022/07/republ… #midterms2022
In the latest Emerson poll, which Republicans have led all year long, the GOP has just a 1-point edge now, 45 percent to 44 percent, amid a jump in enthusiasm among Democrats following the Supreme Court’s decision to overturn #RoeVWade and return abortion to states.
In the latest Quinnipiac poll, which the #GOP has similarly led since Oct. 2021, Democrats are actually now ahead by 1 point, 45 to 44 percent. Other polls still show Republicans leading, but are Republicans doing enough to maximize their advantage?
Read 4 tweets

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