Biden recession

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, 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 global elites.