A recent survey shows that 61% of lower-income Americans say they are worse off than a year ago, the highest number since the Great Recession, due to the Democrats’ inflationary agenda.
Experts are warning of a projected recession, and the Federal Reserve is facing a tough decision between slowing down the pace of interest rate hikes to prevent inflation from getting worse or keep raising interest rates to bring down inflation, but potentially cause problems for the economy and even lead to a recession.
61% of lower-income Americans say they are worse off than a year ago.
— GOP (@GOP) March 14, 2023
That's the highest number since the Great Recession, and all thanks to Joe Biden and the Democrats' inflationary agenda. pic.twitter.com/HJCgBj72Me
Takeaways:
61% of lower-income Americans say they are worse off than a year ago Experts are warning of a projected recession
The Federal Reserve is facing a tough decision between slowing down the pace of interest rate hikes or keeping raising interest rates JPMorgan strategists are saying that the Fed is already past the point of no return
Central bankers may try to prevent the contagion from spreading, but credit conditions may still become more difficult due to pressures from both the financial markets and regulators.
Commentary: It’s time for us to take action and support candidates who will stand up for the American people and our economy.
We cannot afford to continue with the Democrats’ inflationary agenda that is causing major problems for lower-income Americans and potentially leading us into a recession.
Let’s keep fighting to make America great again!
