bad economic news on all fronts

Morgan Stanley says the American Rescue Plan is to blame for 40-year high inflation.

Gas prices are above $4.50 for the first time ever.

Former Fed chair Ben Bernanke says the US could be in for 1970’s-style stagflation.

Former Goldman Sachs CEO Lloyd Blankfein said he believes the economy is at risk of going into a recession.

NRCC Comment: “Everything that is going wrong with the American economy started with Democrats’ reckless stimulus bill.” – NRCC Spokesman Mike Berg