Red Driven economy part two

As I stated in the past, this is a red state driven job recovery as Red States unemployment are significantly lower than Blue states.

Biggest threat is the Biden economic plan with surging inflation that is wiping out the wage gain and spending plans that will slow the economy further than the recent 2% GDP recent data show.

The Biden plan is not about expanding the economic pie but dividing the pie as present. The result will be slow economic growth, stagflation or recession. The Feds are now tapering off and giving signals that it won’t print the money to cover the increase spending. With inflation going into 2022, high deficits, the economy will either slow down or simply slip into recession. Best thing for Biden and Democrats to do is nothing, No more spending, no tax increases, the economy will recover.

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