Doc7505
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- Feb 16, 2016
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As recession looms, who will Biden blame?

As recession looms, who will Biden blame?
Biden has been extremely critical of Donald Trump, blaming his predecessor for the sharp economic downturn and job losses brought on by the COVID shutdowns.

It’s the economy, stupid.
Those famous words from Democratic strategist James Carville must be haunting President Biden’s White House as the economy begins to slow — and just as the 2024 election moves into view.
Most recently, the job market appears to be faltering, with March gains pegged at 236,000, way down from February’s 311,000 and the 334,000 recorded on average over the past six months.
This is challenging for Biden, who hopes to run for reelection and has relied on solid employment gains to prove that his “economic plan is working.” It’s been a tough sell, seeing that inflation has caused real wages to decline for two years in a row; writing last fall, the Dallas Fed noted that the hit from inflation was “the most severe faced by employed workers over the past 25 years.”
Biden’s approval ratings on the economy, according to Real Clear Politics’ average of polls, is a disastrous 37 percent.
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Many economists are now anticipating a recession beginning in the third quarter of this year. The severity of that downturn is unknown, but we will likely see an even weaker job market.
Biden has been extremely critical of Donald Trump, blaming his predecessor for the sharp economic downturn and job losses brought on by the COVID shutdowns.
Who will he blame for the recession that is nearly upon us?
Commentary:
By spending $7 trillion, the full assault on petroleum production in America and Biden's weak kneed foreign policies, Americans can expect more of the same unless the leadership of this country can be changed from Maoist Socialist Democracy and returned to a Republic.