.png)
Gage Skidmore/Creative Commons
Though few are saying it out loud, the United States has entered a recession.
A recession that came about during the Biden-Harris administration.
A recession that did not exist during Donald Trump's first term.
Which, of course, could be very bad news for Kamala Harris and her presidential campaign.
The New York Post's Charles Gasparino explains, "Could an economic 'Black Swan' of a recession upend the November election?"
"Even before Friday’s shockingly worrisome jobs report (unemployment ticking up to 4.3%, a slowdown in hiring followed by a 610-point drop in the Dow) that’s what some savvy market analysts and economists told me could be happening," Gasparino wrote.
He continued, "They see some weird stuff in the economic data that hasn’t been factored into the recent Dow and the Nasdaq run-ups to record territory. Given the supreme importance of the economy to voters, it could turn a neck-and-neck race between Donald Trump and Kamala Harris strongly in favor of Trump. It’s Harris and her boss, Sleepy Joe Biden, whose policies created this possible mess."
Gasparino believes this bad economic news for the country could be good news for Trump.
"The reason economists and analysts believe a recession would be a Black Swan is because it’s not expected based on many readings of the economic data, and because if it happened, it would take an already volatile race for the White House to new levels of confusion," he said. "Trump, who has been losing momentum, would change the nature of the debate over who deserves to lead the country."
The economy is issue number one for most voters and it's a plain fact that Americans were better off financially under Trump. The inflation we see today didn't exist and jobs were more plentiful.
Does anyone who has observed the Biden-Harris administration really believe that the vice president has the skills or know-how to pull this country out of a recession?
Even for voters who might not like Trump, that answer is a clear and resounding 'NO.'
Ideology is one thing. Wallets and pocketbooks are another.
Let's hope this recession doesn't reach 2008 levels. And let us hope that the next president of the United States is the one best suited to pull us out of it.
There is a silver lining to a recession, the DEI hires will be the first to given a pink slip.
This recession was intentional by the (D)'s. Problem for them, it hit too soon, it was to hit when Trump was President.