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Trump Gives Dire Warning of Something Coming Worse Than Recession

We all understand the sufferings we’re going through with the economy and inflation, even though the Democrats are screaming about how well the economy is doing and what a great job Joe Biden is doing in the White House (despite his numbers hitting record lows).

President Trump is aware of the situation. He truly cares and has a much greater understanding of the struggles we go through. Democrats could care less.

“Where we’re going now could be a very bad place,” Trump said at a rally in Arizona last week. “We got to get this act in order, we have to get this country going, or we’re going to have a serious problem.”

President Trump mentioned that the breakdown of competitive American wages, a depressed workforce, and Democrats pushing for their Green New Deal instead of addressing the problems that already exist. This plan would crush economic growth according to President Trump.

“Not recession. Recession’s a nice word. We’re going to have a much bigger problem than recession. We’ll have a depression,” the former president said.

Inflation is “going higher and higher all the time,” Trump said, adding that it’s “costing families nearly $6,000 a year, bigger than any tax increase ever proposed other than the tax increase that they want to propose right now.”

In all honesty, I believe it is costing me more than an extra $6,000 year. Once you take into account how much extra we are paying on groceries, gas, and utilities, I’d guess that it’s closer to $12,000. The cost of my electricity was almost twice what it usually is.

The Biden regime can continue to claim that we are not in a recession, but the reality is that we are, and if President Trump is correct, we are on the verge of a depression.

This still might happen. I was looking at some data on the S&P 500, and I believe that technically we could decline by 75%. I’m only saying that the possibility exists; I have no idea how probable it would be to occur.

Sources:
Epoch Times

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