Browsing: Great Depression

Next week, President Biden plans to tout his economic success. It may be too soon. Americans have lost significant money due to inflation, job losses are mounting, and trade imbalances are re-appearing. In the latest government data, warning alarms are sounding off. One metric is the worst it’s been since the Great Depression, and other indicators suggest we’re in for a bumpy ride.

Of course, Biden knows what’s coming. So, his public relations tour will try to head off his political troubles. He’ll deflect, blame, and rinse and repeat.

Will it work?