Changes

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 Russian 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 Russian 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.

After falling to all-time historic lows under [[President Trump]],<ref>https://www.thegatewaypundit.com/2022/08/black-unemployment-rate-rises-biden-dropping-historic-low-trump/</ref> [[Black]] [[unemployment]] rose under Biden while regime lackies and [[propagandist]]s denied a rise in unemployment.<ref>https://nypost.com/2022/07/25/biden-plays-orwell-tries-to-redefine-what-recession-means/</ref>

After falling to all-time historic lows under [[President Trump]],<ref>https://www.thegatewaypundit.com/2022/08/black-unemployment-rate-rises-biden-dropping-historic-low-trump/</ref> [[Black]] [[unemployment]] rose under Biden while regime lackies and [[propagandist]]s denied a rise in unemployment.<ref>https://nypost.com/2022/07/25/biden-plays-orwell-tries-to-redefine-what-recession-means/</ref>

By August 2022, 1-in-6, or 20 million American households were behind in their electric utility payments, facing termination of service.<ref>https://theconservativetreehouse.com/blog/2022/08/24/horrific-biden-consequence-20-million-american-households-behind-on-electricity-bills-pending-shutoff/</ref>

By August 2022, 1-in-6, or 20 million American households were behind in their electric utility payments, facing termination of service.<ref>https://theconservativetreehouse.com/blog/2022/08/24/horrific-biden-consequence-20-million-american-households-behind-on-electricity-bills-pending-shutoff/</ref>  On September 15, 2022 the [[Atlanta]] [[Federal Reserve Bank]] revised its GDP estimate for the third quarter of 2022 downward by more than 1 full point.<ref>https://www.atlantafed.org/cqer/research/gdpnow</ref>  

==References==

==References==

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[[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]]