The U.S. Economy’s Latest Quarter Still Points At a Recession – and a Possible Return of the Great Depression (Guest: Steve Beaman)
In spite of President Joe Biden and the Federal Reserve putting forth their best efforts to deflect it, a recession looks all but confirmed for 2023. And it could get even worse. Gross domestic product fell 0.9 percent for the second quarter of 2022, according to the Bureau of Economic Analysis. While that’s not as severe a decline as the 1.6 percent consumers saw in the first quarter, it’s still a decline – and paints … Read more
