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Massive Layoffs Hit Multiple Industries as Recession Looms

I have a feeling things are about to get bad.

Joe Biden recently gave a headline speech at an AFL-CIO labor convention in Philadelphia. He has set a new benchmark for even himself with how many lies he told. It was painful to watch someone trying to insist that his policies were working when everyone can see they’re not.

When Americans finish filling their gas tanks, if they even have enough money to do that, they see how abysmal Joe Biden’s economic policies are. Every time someone pulls a gallon of milk out of the cooler at their hometown grocery store, they feel Biden’s inflation.

The United States is staring down a debilitating recession. Some contend that things are worse economically than at any time since the Great Depression. More cautionary economists do not discount the grave prospect that our nation could plummet close to that somber point again.

But what does Joe Biden do? The clown keeps spewing out one lie after another. His speech before labor members and officials was another Biden pity party. Biden insists that he’s “changing people’s lives.” Yeah, for the worse!

Biden claimed that his policies have put Americans in a better position than any other country to combat inflation. During his speech in Philadelphia, Biden claimed inflation is “worse everywhere but here.” He’s lying.

Inflation in the United States is multiple points worse than in Australia, Canada, and South Korea, among other nations. The “clown prince of poverty” went on to insist that his policies were working to improve Americans’ lives. They’re not.

Since the Biden administration pumped trillions of dollars into the economy, Federal Reserve analysts estimate that this cash influx automatically added 3 percent to the inflation rate. Furthermore, the Federal Reserve has pumped 40 percent into the U.S. money supply.

This has triggered price surges on virtually everything. Now we’re watching as the other shoe drops. Retail sales in May fell. Sales of automobiles are dropping as well. The U.S. economy is like a train wreck headed for a colossal crash.

Amid Biden’s bogus claims of strong employment numbers, more than 30 companies are reportedly set to announce massive layoffs. There is a recession on America’s horizon. Most hope that it won’t be an economic collapse worse than a recession.

But as financial experts predict a gloomy future for Americans; Joe Biden keeps saying everything is fine. He insists that his policies are working. Go tell that to the mother who has to decide between milk and a loaf of bread for her children. She doesn’t think they’re working.

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