The Biden Record, and the Democrats Who Supported It, Pt. 4: How Biden Blew Up the Economy With Inflation
The US economy is in chaos. This is not "spin," or "opinion," but a fact. Some people aren't feeling it as hard as others, because they were well-off before the inflation started. Unfortunately, the worst is yet to come, and it will affect those "well-off" people, to a greater degree than it does currently, as the recession sets in. It also will present a crisis for government, as the interest rates for the chronic borrowing that sustains all of their largesse double, triple, or even quadruple. How did we get here, after what was shaping up as a robust recovery from the pandemic response inspired recession? When Pres. Biden was elected, almost every policy that had been in place was reversed. We've looked at the disatrous results of this on the southern border , but what's happened to our economy has impacted many more Americans. It started out on day one, when Biden killed the KeystoneXL pipeline, followed by freezing new federal leases
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