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Biden claimed in Asia we are not going into a recession and a compliment

HJCane

SuperCane
Gold Member
Jun 2, 2007
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First the compliment; I do applaude entering into an agreement with all those Asian nations and sending a message to China. Not at all a perfect agreement as the USA Chamber of Commerce has already criticized it because it doesn't open up markets for USA companies. Still it gets a lukewarm compliment from this conservative.

As for his answer to the press that we are not going into a recession, well that's just stupid. By all measures every Consumer Sentiment number is already there. Consumer sentiment is a LEADING indicator of things to come. This is akin to inflation will be transitory. Just dumb.
 
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First the compliment; I do applaude entering into an agreement with all those Asian nations and sending a message to China. Not at all a perfect agreement as the USA Chamber of Commerce has already criticized it because it doesn't open up markets for USA companies. Still it gets a lukewarm compliment from this conservative.

As for his answer to the press that we are not going into a recession, well that's just stupid. By all measures every Consumer Sentiment number is already there. Consumer sentiment is a LEADING indicator of things to come. This is akin to inflation will be transitory. Just dumb.
What did u expect from this clown… He’s an idiot ..!!!
 
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Sure thing now we are heading to a recession now. Remember his statement.
 
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