1 recently studies show that the pandemic savings many American put back when the gov sent out relief checks is depleted
2 another survey reports that Americans have been dipping into their 401Ks at a record rate to pay for rising expenses do to inflation.
3 add to the fact that the majority of consumers have started buying less do to said inflation and the above mentioned practices becoming unviable for much longer it appears though it was delayed a magore economic downturn is inevitable ..
Americans' 'excess' pandemic savings now depleted, Fed research finds
The U.S. government's response to the COVID-19 pandemic unleashed massive amounts of fiscal stimulus which built up as excess savings that were only depleted in early 2023.www.foxbusiness.com
Workers are still raiding their retirement savings at record rates
Thirty-seven percent of workers have taken a loan, early withdrawal, and/or hardship withdrawal from their 401(k) or similar plan or IRA.finance.yahoo.com
Nearly all Americans cut back on spending due to inflation, CNBC survey finds
Walmart, Target, Home Depot and Best Buy called out cautious consumer-spending shifts during the first quarter.www.cnbc.com
There will be a recession, a very soft one, so unusual and so bad for the GOP.
1 recently studies show that the pandemic savings many American put back when the gov sent out relief checks is depleted
2 another survey reports that Americans have been dipping into their 401Ks at a record rate to pay for rising expenses do to inflation.
3 add to the fact that the majority of consumers have started buying less do to said inflation and the above mentioned practices becoming unviable for much longer it appears though it was delayed a magore economic downturn is inevitable ..
Americans' 'excess' pandemic savings now depleted, Fed research finds
The U.S. government's response to the COVID-19 pandemic unleashed massive amounts of fiscal stimulus which built up as excess savings that were only depleted in early 2023.
Workers are still raiding their retirement savings at record rates
Thirty-seven percent of workers have taken a loan, early withdrawal, and/or hardship withdrawal from their 401(k) or similar plan or IRA.
Nearly all Americans cut back on spending due to inflation, CNBC survey finds
Walmart, Target, Home Depot and Best Buy called out cautious consumer-spending shifts during the first quarter.
recruitonomics.com
And during President Trump's term you idiots were saying the exact same thing, until Joe Biden Admin working with China, released upon the world the King Flu, and then you got what you wished for.....Dumbass
to me saying those things.
he at least tries to lie.
Yes we know the right wing spin on reality. Alternative facts and half truths. You can blame Barney Frank all you want. All I hear you saying is no one respected Bush's opinion. If he said a housing crash was coming, no one listened because he was a bullshitter.
You know what has shocked me? The Republican controlled house has acted pretty good since Biden took office and Kevin McCarthy took over.
But at least you are honest and admit you are do different than the other side.
www.politico.com
Bush didnt say it but the Republicans in the Senate you fucking dumbass. Watch the video you creep. Damn, then you wonder why everyone thinks, no forget that, knows you are an idiot.
Paul Krugman: Trump will bring global recession
Krugman's pessimistic view comes in the wake of a more than 800-point plunge in U.S. stock futures.
Again when you keep your head up Uranus, you cant see how your side wants to fuck you all the time.
