“For everybody that I talk to who says, ‘Hey, we’re seeing softening in the economy,’ there are other folks I talk to who say record year. For everyone that says, ‘We think consumer spending is slowing down,’ somebody else is saying, ‘No, listen, the consumer is still going strong.’”
Will the United States, and thus Alabama have been in or be in a recession by this time next year?
"Biden, Pelosi, and Schumer have only worsened the economic crisis facing Americans with their out-of-control socialist spending and anti-American energy policies," said Rep. Mike Rogers.
In comments given to 1819 News, Alabama Republican U.S. Senate nominee Katie Britt criticized the Biden administration for its response to a possible recession and blamed it for the inflationary woes plaguing the U.S. economy.
Biden Administration officials want to redefine recession ahead of GDP report. The President's low economic approval numbers could impact the midterm elections.
Listen to 1819 News Editor-in-Chief Ray Melick on News & Views with Joey Clark as they discuss The World Games, the U.S. Space Command's move to Huntsville, the USS Alabama's deck renovation, the spendthrift Alabama legislature, and the apparent upcoming recession.
State Sen. Greg Albritton (R-Atmore), the Alabama Senate General Fund Budget Committee chairman, insists a recession is inevitable.