In his latest Town Hall column, Timothy Nash, director of the McNair Center at Northwood University, argues that the U.S. has definitely slid into a recession (although the Biden people might accuse him of peddling “misinformation”) and wants the federal government to face facts and act accordingly.
But acting accordingly does not mean raising taxes and imposing yet more regulation, as the president and his allies want. Instead, they should reduce the government’s drag on the economy by cutting taxes, repealing counterproductive regulations, and reducing federal spending.
Of course, Biden & Company don’t want to do any of that. They are “progressives” intent on using every excuse to expand the power of government. If they aren’t stopped, they’ll repeat the Hoover administration by turning a recession into a depression.