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Some of us saw this recession coming over a year ago when inflation started to tick up while the Dems wanted to keep spending. It's not just inflation and spending either. Supply chain bottlenecks are adding to our woes and will make it harder to get out of this recession. I wouldn't be surprised if our economy contracts every quarter this year. Unemployment WILL rise in order to re-stabilize the economy, so my advice to Cliff Clavin is to not hug the unemployment number too much. It is a fickle lover. Unemployment is comprised of two elements. Those who become unemployed through economic contraction, and those who start looking for work again because the gravy train handouts stop. Both must happen to get to economic equalibrium, and so the number will rise. If the GOP gains control of at least the House in November, then expect the freebies to end more quickly. The way Biden and team are handling the economy is criminal. The exact opposite of what they should be doing. It's almost as if they were being paid by the Chinese. Oh wait!!
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