8 Feb 2023 10:55 am
I didn't watch the entire SOTU but I saw that Biden made a lot of references to the economy. At best, the economy itself is a mixed picture. The question is what happens if the business cycle turns into a larger recession? Some economists are already predicting just that due to the inverted yield curve along with dimensioning profit margins. Is it a good bet to talk about the economy? A President can't really change the larger economy other than fiscal spending which hires people directly from the taxpayers. Biden has introduced several spending packages that do just that. Any thoughts?
Nothing is easier than defending the status quo.