Presidential Election a Sign Economy Is in a Mess

BY SAMUEL BRYAN
SchiffGold.com
JUNE 7, 2016

Economists say election uncertainty is subduing economic growth. But it seems more likely the horrible economy is driving this strange election cycle.

For months, Peter Schiff has been saying if the US isn’t already in recession, it will be in one soon. Former Reagan Office of Management and Budget Director David Stockman recently told Neil Cavuto on Fox Business that the next president will inherit a recession. Last Month, Mike Maloney said the data screams a recession is already here.

For the most part, Peter and others are still voices calling in the wilderness. The mainstream keeps towing the line and pushing the idea that the economy is fundamentally sound and improving. But Americans know better, as the unrest and turmoil evident in this presidential election cycle makes clear.

And even when it comes to the mainstream, we are starting to see cracks in the “everything is fine” narrative.

The Rest…HERE

This entry was posted on Tuesday, June 7th, 2016 at 12:15 pm and is filed under Economics, Government Evil, Politics. You can follow any responses to this entry through the RSS 2.0 feed.