As if the Biden-flation we are all suffering through isn't bad enough, get ready for 'stagflation', which some economists warn could be a 1970's style catastrophe.
"Stagflation is the combination of stagnant economic growth and inflation, and we're already seeing it" said economist EJ Antoni, "So it's not that stagflation is coming, it's already here."
It's already here, and it got here really, really fast.
"All of the bad policies of the current administration, and the current Federal Reserve, have really slammed the brakes on the economy at the same time while hitting the accelerator on inflation" Antoni told KTRH, "When Biden took office inflation was only about 1.4%, he has somehow figured out a way to more than triple that in only a year."
And if that's bad enough, Antoni warns that things are going to get worse before they get better, and you know what that means.
"Unfortunately, we are very likely, almost certainly, to hit a recession either late this year or next year" Antoni said.
It will probably be next year, as the Biden administration wants to keep the band-aid on until after the November midterms.
That leads us to the poll question today.