“Americans are gloomy about the state of the economy. Since the covid-19 pandemic began, consumer sentiment has been in the doldrums, hitting its lowest level ever in June 2022. Such negativity has prompted claims that the country is suffering a “vibecession”—although the market appears healthy, good vibes are lacking.” The Economist
Isn’t Biden presiding over a growing economy and declining inflation with historically low unemployment? Sure but he is doing all of this by heaping trillions more of debt on top of trillions more in debt! At some point this debt bubble will burst just like the housing bubble did! Plus people are reminded of how high prices are every time they go to the grocery store!
And that is all I’m going to say about that!
