Today is Black Friday but it may not be so prosperous for retailers this year.
With inflation at 40-year-highs, Americans don’t have a lot of money left over for presents and even Thanksgiving dinners.
TGP reported yesterday that the average turkey meal this year cost nearly 20% more than last year.
Joe Biden Plans Celebration of “Inflation Reduction Act” then Inflation Rate Comes in Hotter than Expected at 8.3% Annual Rate — Markets Crash
Stever Cortes was on Bannon’s War Room earlier this week and he shared his thoughts on the current status of the Biden economy.
Cortes shared:
My point here is the used car market is in an absolute free fall. Let’s stop with the acedemic debates about whether or not we’re in a recession. We are in a very deep recession for working class Americans. A recession that is teetering on the edge of a depression if we don’t start to take action, and that’s the reality.
Listen to Cortes’s comments below:
The post Steve Cortes on the War Room – Biden’s Economy Is “Teetering on the Edge of a Depression” appeared first on The Gateway Pundit.