New Hampshire’s Republican Governor Chris Sununu offered up a serious warning that the United States is destined to suffer from a recession – while blasting Treasury Secretary Janet Yellen for “completely misleading America.”
Sununu spoke on CNN’s State of the Union to caution that, contrary to the lies spread by the Biden administration, “A recession is coming.”
“You cannot add $5 trillion to America’s balance sheet and just hope it goes away. The recession is coming. The Fed, I think, has known this for a while. They’ve kind of ignored it,” the governor said to host Jake Tapper.
“They should have been easing us into the right rates and where we need to go over a year ago. You have a treasury secretary who is saying, ‘Oh, it’s not inevitable.’ Well, of course, it’s inevitable. You don’t need four years of Dartmouth economics to know that when you add $5 trillion, there has to be some outcome, and unfortunately, the outcome is high gas prices, high housing prices, the price of a taco is getting unbearable for some folks,” Sununu said.
“And it hits middle and lower-income families very, very hard. That’s just going to be the issue going forward,” he added.
The Governor was then asked about how we could possibly improve the dire situation, to which he responded we should start by terminating the Biden appointed Yellen from her role as Treasury Secretary.
“First, I would fire the Treasury Secretary. I think she’s completely misled America,” Sununu said.
Last month, Yellen appeared on ABC’s “This Week with George Stephanopoulos,” claiming that inflation is at “unacceptably high levels” but that a recession might not be around the corner.
“I expect the economy to slow,” Yellen said. “It’s been growing at a very rapid rate, as the economy, as the labor market, has recovered. We have reached full employment. It’s natural now that we expect a transition to steady and stable growth, but I don’t think a recession is at all inevitable.”
But the issue is much larger than just Yellen. Almost every member of the Biden team has been pushing the falsehood that the economy is “stronger than ever” in what can only be described as a dangerous attempt to deceive the American public.
Inflation hit a 40-year high in May. Gas prices have also hurt Americans as prices have soared to record levels this year and have doubled over the cost per gallon just two years ago.
Major CEOs like Tesla’s Elon Musk have also recently spoken out about predictions of a recession.
In June, Musk said, “A recession is inevitable at some point. As to whether there is a recession in the near term, that is more likely than not. It is not a certainty, but it appears more likely than not.”
Even a former Obama administration economic adviser, Larry Summers, has recently warned that a concerning number of economic signs are pointing to a recession within the next two years, but thanks to Biden’s incompetency – it’s likely we’ll be hit by the economic downturn sooner rather than later.
Joe Biden has been deceiving America for over 50 years and now yall are surprised?
have you EVER seen any CAREER politician tell the TRUTH
NEVER HAS HAPPENED IN OUR HISTORY
The entire bunch needs to be fired, but yes she needs to go today,,
Joe Biden lately is snow jobbing the people to get them to vote for the demorats in November. Biden’s record since his inauguration is abysmal. He has ruined our country. Just lately, why did he sell some of our reserve oil to China? Perhaps China has Joe and that lowlife son in their pocket because of behind the scenes financial activity. Why go on. You could write a book about that idiot in the White House. He belong in a dog house.
Get rid of the idiot
Joe Biden, and in reality, all of the Democratic party are proving themselves to be not only liars, but also promoters of violence against the American people. With their focus trained on their baseless attempts to discredit Donald Trump and their GOP opponents, they have neglected their responsibility to deal with the needs in running this country. Instead, they’re destroying this once great nation with their socialist agenda.
It’s time our judicial system exercises its checks and balances responsibilities, and deals with this unamerican group of traitors like anyone else who is harming the American citizens. The United States of America has become the laughing stock of the world because the Democrats are being allowed to manipulate, and to violate the laws and the Constitution that made this nation a world leader.
To all participants in the political system of the United States of America: If you’re not part of the solution of returning America to its greatness, YOU are part of the problem!!
fire the oldie
She should go, but who will replace her? This administration is deliberately doing everything wrong in order to systematically demoralize citizens and destroy our country. Step by step using their puppet, an incoherent octogenarian with dementia, to take the heat….this administration is really made up of unelected billionaires of NWO funding bribes, pulling government officials’ puppet strings, destroying small businesses, government officials giving away huge amounts of taxpayer money to other countries while giving themselves big raises and raising taxes on the people, creating wild inflation. destroying energy, destroying transportation, forcing farmers to plow their crops under to artfically cause food shortages, forcing growers to destroy chickens, cattle, pigs by falsely claiming bird flue, etc., discourage manufacturing, encourage immorality, groom children for sexual enslavement and anarchy, and pedophilia to achieve their goals.
Bring a nation to it’s knees by attacking on all fronts, bringing despair and demoralization so people will not fight back. A coup aided by fringe element crazy people…that is what is happening and people cannot and will not believe it, so it continues without being challenged by the majority. Mentally disturbed people are now
pretending to be Christians, pretending to be pastors, they are becoming cults that encourage immorality and use their influence to change law.
The world, our nation is in a spiritual war disguised as a political war and people are either in denial or waiting for God to fix it. God, our Creator, or whatever you call Him, will not fix it…..this is our test, we have to choose wisely. Doing nothing allows evil to spread and multiply, tantamount to being the devil’s lapdog.
Real Christians need to stand up, raise their voices, protest at state capitals , Washington ….and vote every election. For too long conservative Americans the great majority have stayed home and not voted, thinking their vote did not matter, not caring who was running ourr government and allowing these idiots to rise to power. We all need to take our country back.
Get Yellen out, then we also need to get many more out.
‘An evil enemy will burn his own nation to the ground to rule over the ashes.’ – Sun Tzu
Yellen couldn’t manage a piggybank.
Biden Crime LLC has infected the DC ekite and government goons with the same virus ,the LIE virus
Biden was a fool when he spent all that time in the Senate, was a bigger fool when he was VP. He was just teamed up with a guy who was a complete traitor but Obummer wasn’t completely stupid a complete liar yes but a fairly smart one. But then we put Biden in charge and allowed them to steal the election to do it. UH OH I guess that makes us the fools and he is just stupid!
There will be another plandemic to try to keep people from voting in person. Don’t let them steal another election. Get up off your butts and go vote in person, every vote counts. Make sure there are people to witness the count, no suddenly “found ” votes over night, no unattended drop boxes, IDs needed to vote. Remember Biden flooded all states with illegals and Pelosi is still pushing no IDs to vote. The Democrats are saying minorities are too stupid to get an ID. Fight them at the ballot polling places. If you don’t vote we will be enslaved by those colluding with Communist China.
Biden was never elected Trump won the election nothing Biden has done is legal or constitutional and he can’t just sign an executive order and that’s it if it’s wrong it’s wrong and everything about this circus is wrong from day one but the leadership in the military law enforcement and the government over all has been infiltrated by treasonist communist and they are not even American patriots there on the Chinese payroll and Biden and everything that goes with him is criminal and a threat to national security and the future of this country are at steak he and everything about him must be removed and disposed of accordingly if he were Trump they would have crucified him already and that’s the truth and these people only have the power we give them and we must take it back and the rightful winner of the election should take his rightful place as president and commander and chief Biden has made us weak and in affective they laugh at us and they are getting ready to make a push to finish us off while the people who can change the direction of this country sit on their asses and say we can’t do anything until the midterms that’s bullshit all’s they have to do is read the documents that makes America America these documents give us instructions on what we need to do all we have to do is do it there are to many politicians who are afraid to do anything to lose their place on the gravy train they are only concerned about building wealth and having power very few even know what it means to serve the people with humility and a dedication to doing what is right for the people and the country and they are there to serve not be served we are going to have to rebuild the government from the top down and there is no better person to lead us than the man who won the election to take his rightful place in the oval office and start taking out the trash and that would be Biden Obama the Clintons and every one of them that turned COVID-19 lose so they could perpetrate the scam demic and murder American men women and children and all the crimes against humanity that they have committed and continue to commit and God is the key ingredient in a successful America and any body who doesn’t like it can leave this country and not return
We all need to come together as AMERICANS PEOPLE! We all know who is leading this administration and trying hard to destroy the country. I don’t care if you are a Democrat or republican! This country was FOUND BY THOSE WHO BELIEVE IN EQUAL RIGHTS! In the name of GOD! Since all this has been the doing of the democrat party and liberals. It a SHAME MOST OF THE LYING IS COMING OUT OF WOMEN MOUTH! Just as it was IN THE BEGINNING OF THIS WORLD! Biden has put these women who HATE MEN AND OTHER THAT ARE ALL ABOUT FAMILY AND GOD! INTO OFFICE THEY HAVE NO IDEA HOW TO RUN IT! Even the school board is full of these people who are ATHEIST AND HOMOSEXUAL! Don’t belong! If we are going to save our children future then WE ALL NEED TO REMOVE THESE SICK PEOPLE AND CONGRESS FROM OFFICE!