the staff of the Ridgewood blog
Ridgewood NJ, politicians seem dead set on driving the economy back to the 1970’s , the latest GDP Now estimates for the 3rd quarter , July through sept of 2021, show growth slowing to a snail’s pace of 0.2%. That’s barely treading water and quick slowdown from the 6% growth of the economy that Biden inherited from Trump.
The combination of 5 to 6 percent inflation and near zero growth is called stagflation. When inflation ramps up, real growth stalls. Had to go back to the Jimmy Carter years to find that definition.
Carter was a joke, now we have to deal with Biden. You liberals put him in office now his approval rate is down to 37% just great You dummies.
BIDEN. Biggest Idiot Democrats Ever Nominated.