No other president in history has been able to get away with this many executive orders that have completely bypassed Congress and SCOTUS to mask what's really happening. In 2022 Biden methodically raided the SPR on a monthly basis to artificially keep gas at the pump low. He's never attempted to refill that massive non-wartime selloff. In 2022 and now in 2024 he's making rules to forgive billions in student loans circumventing SCOTUS' ruling. But for every action there's an equal and opposite reaction...God help us all when those chickens come home to roost. Could be Carter 2.0.

This post was edited on 4/22/24 at 9:12 am

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Posted by Crescent Connection

Lafayette/Nola

Member since Jun 2008

2030 posts

Posted on 4/22/24 at 9:44 am to Tomatocantender

I'm racking my brains over this. I'm 39. Tempted to put all future 403b/401k contributions for my wife and I into money market/cash starting this week with the anticipation of a hard recession similar to 2007-2009. I would not touch all current investments. Reassess 14-18 months out? Wise or foolish?

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Posted by Big Scrub TX

Member since Dec 2013

33578 posts

Posted on 4/22/24 at 12:14 pm to Tomatocantender

quote:
No other president in history has been able to get away with this many executive orders that have completely bypassed Congress and SCOTUS to mask what's really happening. In 2022 Biden methodically raided the SPR on a monthly basis to artificially keep gas at the pump low. He's never attempted to refill that massive non-wartime selloff. In 2022 and now in 2024 he's making rules to forgive billions in student loans circumventing SCOTUS' ruling. But for every action there's an equal and opposite reaction...God help us all when those chickens come home to roost. Could be Carter 2.0.

Those are your two best pieces of evidence for why no recession? Keep trying.

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