CNN Admits It’s Time to Prepare for a Recession
CNN, a far-left propaganda medium that spreads conspiracy theories and political violence, has issued a warning to its readers: “It’s time to prepare for a recession.”
The article is an opinion piece, but CNNLOL decides what not to publish, and things must look really bad if CNN allowed something like that.
Welcome to the party, pal!
I’ve been telling you all for over a year now that recession is inevitable. This is not rocket science. Energy *is* the economy, and when energy costs explode, as they did under his fraud, the economy goes.
A political poster mocking President Joe Biden and Vice President Kamala Harris appears next to a gas pump display showing a deal in Los Angeles, Monday, March 7, 2022 (AP Photo/Jae C. Hong)
Here are the main parts of a CNN warning:
A toxic combination of external economic headwinds, including the war in Ukraine and the Covid lockdown in China, have led to supply shocks that boost inflation and slow growth.
A major part of the inflation problem has to do with the massive fiscal stimulus of $3.9 trillion that was injected into the economy in 2020 and 2021, along with the more than $100 billion in bonds the Federal Reserve has been buying every month since the pandemic peak.
[…]
Having missed the opportunity to raise interest rates last year, the Fed is now risking a recession in order to tame inflation. As a result, realistically and objectively, it’s time to be on your guard.
What is not mentioned is what Biden chooses not It needs to be done to help the economy, which is to ease inflation by utilizing America’s natural energy reserves. Under Donald Trump, America has been energy independent. Biden purposely put a stop to that because he wanted to blow up the cost of gasoline and turn us into $50,000 worth of electric cars or something.
US President Joe Biden drives an electric Hummer while touring General Motors’ electric vehicle assembly plant in Detroit, Michigan. (Photo by MANDEL NGAN/AFP via Getty Images)
Anyway, the news that we’re heading into a recession is old news. The real news here is…
Biden has mishandled the economy, and has devastated America so badly with his disastrous domestic policies, that not even CNN can pretend that didn’t happen or happily talk about this fact.
But this was inevitable.
why?
Because this is the inevitable consequence of the left.
Obamacare blew up our health costs.
Left-wing environmental policies ensure (based on what everyone knows is a hoax) that Americans don’t have enough energy, water, or food.
Left-wing energy policies, by design, explode the cost of energy.
Leftist regimes paralyze the private sector.
Higher taxes slow down the economy.
Excessive spending creates inflation.
Social justice pours violent criminals into the streets.
San Jose Police Department
No amount of media propaganda can alter those inevitable outcomes. No amount of happy talk or shiny distractions can change the outcome of left-wing politics that always ends in misery, poverty, death, and scarcity.
In Joe Biden’s America, we have children hospitalized for malnutrition.
So what choice does CNN have?
Yes, things are so bad that even CNN was forced to tell the truth.
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