Inflation ?
Hike in interest rates.?…
Great Economy?
Something ain’t Right…..
Rising rates have started to put a damper on demand. Fewer home buyers are submitting applications than they were a year ago, according to the Mortgage Bankers Association. They’ve also curtailed refinance activity: Applications were down 62 percent from a year ago last week….
Trying to claim the economy is “great” while inflation is at a forty year high?
Is ridiculous.
Little of it is directly Bidens fault(although that second “pandemic stimulus “ certainly didn’t help) but here it is and decelerating it will not be easy or popular.
Actually?
The pandemic started on Trump’s watch yup Jack….
The consensus is a recession is due as result of the Fed’s inflation rate hikes….