The Biden administration managed to convince their allies in the media to go along with the narrative that America has not yet entered a recession, using a “strong” labor market as proof of that – but what is projected for 2023 will make America’s economic troubles impossible to deny.
Bloomberg is now projecting that payrolls will see a net DECLINE of 33,000 jobs per month in 2023, which would see the unemployment rate approaching 5% by the end of the year.
This projection offers a stark contrast from the 2022 numbers which saw an average of 374,000 payrolls added per month and serves as evidence that the fragile Biden economy simply cannot last much longer.
At the same time, Americans have been forced to take on more debt than ever just to stay above water as Bidenflation continues to send prices soaring – and those job cuts could force the average American consumer to default on their debt obligations.
Whether the Biden loyalists want to believe it or not, America is in a state of economic crisis and no amount of Democrat propaganda will be enough for them to hide how bad things are about to get.
Don’t believe them when they try to tell you to ignore the fact that jobs are dropping left and right all while trying to rewrite the definition of the word “recession” once again.
Watch the video here to understand the full scope of the recession in America and how you may even be able to capitalize on it.