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The '''Biden recession''' began in the first quarter of 2022, and was largely related to sanctions against the importation of [[crude oil]] from [[Russia]] to make [[gasoline]] which powers both private and commercial vehicles. Earlier, on the day the [[Biden regime]] seized the [[Oval Office]], [[Joe Biden]] signed an [[Executive Order]] closing the [[Keystone XL]] pipeline and banning fracking, thus terminating America's energy independence and making the [[United States]] dependent upon the importation of Russia crude oil. [[Inflation]], or excess printing of U.S. [[currency]] making the [[dollar]] worth less and less and lowering living standards, soared as result of both actions.
The '''Biden recession''' began in the first quarter of 2022, and was largely related to sanctions against the importation of [[crude oil]] from [[Russia]] to make [[gasoline]] which powers both private and commercial vehicles. Earlier, on the day the [[Biden regime]] seized the [[Oval Office]], [[Joe Biden]] signed an [[Executive Order]] closing the [[Keystone XL]] pipeline and banning fracking, thus terminating America's energy independence and making the [[United States]] dependent upon the importation of Russia crude oil. [[Inflation]], or excess printing of U.S. [[currency]] making the [[dollar]] worth less and less and lowering living standards, soared as result of both actions.
The Biden recession was a concession to the [[far-left]] [[climate change]] agenda to forcibly ween America, and [[Western Europe]], of [[fossil fuels]] and transition to a so-called "Green economy" with less carbon emissions and [[meat]] eating. Impoverishment of the [[middle class]] was a secondary side-effect, of secondary concern to the ruling [[globalism|global]] [[elitism|elites]].
The Biden recession was a concession to the [[far-left]] [[climate change]] agenda to forcibly ween America, and [[Western Europe]], off of [[fossil fuels]] and transition to a so-called "Green economy" with less carbon emissions and [[meat]] eating. Impoverishment of the [[middle class]] was a secondary side-effect, of secondary concern to the ruling [[globalism|global]] [[elitism|elites]].
[[Category:Economics]][[Category:United States History]][[Category:Biden Junta]][[Category:Russia-Ukraine War]][[Category:Democrats]][[Category:Man-Made Disasters]][[Category:2020s]]
[[Category:Economics]][[Category:United States History]][[Category:Biden Junta]][[Category:Russia-Ukraine War]][[Category:Democrats]][[Category:Man-Made Disasters]][[Category:2020s]]