I think it’s psychologically driven more than it is simply about the economy. Pre-pandemic, it was just a much better and less chaotic economy. You didn’t hear many people dread inflation and talk about it a lot.
Of course, this came before the infrastructure bills President Biden signed into law.
I think it’s psychologically driven more than it is simply about the economy. Pre-pandemic, it was just a much better and less chaotic economy. You didn’t hear many people dread inflation and talk about it a lot.
Of course, this came before the infrastructure bills President Biden signed into law.
It certainly didn't help that certain moneyed interests spent the entire Biden presidency trying to talk a recession into existence. (Never underestimate the number of people who were BIG MAD that labor made some incremental gains in the aftermath of the pandemic.)
The endless chatter about a recession being on the horizons. Every damn quarter of Biden’s presidency during when the economy was growing. Predictions that never materialized as true.
As far as I’m concerned, I listen to economists like Joseph Stiglitz, Robert Shiller and others who know a lot about severe downturns, depressions and the real nuts and bolts of the economy. Hard facts please!
I think it’s psychologically driven more than it is simply about the economy. Pre-pandemic, it was just a much better and less chaotic economy. You didn’t hear many people dread inflation and talk about it a lot.
Of course, this came before the infrastructure bills President Biden signed into law.
It certainly didn't help that certain moneyed interests spent the entire Biden presidency trying to talk a recession into existence. (Never underestimate the number of people who were BIG MAD that labor made some incremental gains in the aftermath of the pandemic.)
The endless chatter about a recession being on the horizons. Every damn quarter of Biden’s presidency during when the economy was growing. Predictions that never materialized as true.
As far as I’m concerned, I listen to economists like Joseph Stiglitz, Robert Shiller and others who know a lot about severe downturns, depressions and the real nuts and bolts of the economy. Hard facts please!