Recession
July 28, 2022
AP reports the “US economy shrank at a 0.9% rate from April through June,” the 2nd straight quarterly contraction.
This means we are officially in a recession.
NRCC Comment: “You can draw a straight line from the inflation crisis caused by Democrats’ American Rescue Plan to this recession. Democrats’ reckless economic policies are destroying our economy.” – NRCC Spokesman Mike Berg