2021: A Happy New Year For The Economy?


As if 2020 hasn't been bad enough, are we looking at another 'recession' to kick off the new year in 2021? President Trump, who is still fighting by the way with a big day coming up on January 6th, promised that a Joe Biden presidency would bring with it a recession even worse than the one we went through under Obama! MSNBC financial analyst Jake Novak told KTRH the main reason why he is worried about another recession? "we need to get the unemployment rate lower, it's still too high with too many people out of work." Novak also said he's concerned about an expected Biden tax increase. On a positive note, was there anything positive about 2020? Novak says it was a good year for Wall Street and, "the economy and the people across the country are more resilient than we thought they would be." But the bottom line remains the same. No more lockdowns, Americans need to get back to work.


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