The mid-terms drag on as the Democrats try to steal more seats in the House with mysterious ballot drops in the middle of the night just as happened in 2020. Most of the elite Republicans seem clueless as to what is going on. This is what PDJT has been fighting all these years.
In the meantime, since the election is over, the multinationals have decided it is safe to admit there is a recession going on. The average American knew this for months. However, the narrative engineers could not permit this to be officially admitted before the elections.
There were some indications of this just after the election when Meta (you know Facebook) laid off some 13% of its staff. Meta also extended its hiring freeze through the first quarter of next year.
Of course, Meta isn’t the only tech company downsizing. Tens of thousands of tech workers have been let go so far THIS MONTH. More than 100,00 tech workers have been furloughed this year.
As noted by Yahoo News, a “wave of layoffs” has begun that encompasses dozens of medium and large corporations [SEE HERE]. The layoffs cover real estate, tech companies, banking, finance, automakers, EV startups, and brick and mortar stores like 7-11 and GAP. It should not come as a surprise. In a recession the last area to get hit is labor.
Companies resist downsizing until it is obvious they must do so to stay viable financially. This in and of itself shows that the recession has been going on for some time.
Sundance notes:
With rising interest rates, high inflation, excessive inventories, a shrinking production economy, extreme energy costs and diminished disposable income as a result of inflation and gas prices, there was going to come a time when it all starts to congregate. 2023 looks to be the year when economic pretenses collapse under the weight of having to admit a recession exists.
This has all been caused by the Democrats who are running our government. Profligate spending and jacking up energy costs have created inflation not seen since the incompetency of the Jimmy Carter administration. However, in this case, this inflation is deliberate since the Democrats want the people to be dependent on the government.
The last several years have seen a concerted effort by the Davos crowd to transfer the wealth of the people to the elite oligarchs who are trying to dominate the world. This is what the COVID “vaccine” was all about. Next up will be “reparations” for the “climate change” supposedly affecting the world. In the meantime, the BRICS countries are laughing at us.
Inflation is going to get worse since the elections are over. Biden has used up most of the Strategic Petroleum Reserve that was there for emergencies so that they could buy votes in the election. With that gone, less oil will be in the market particularly since OPEC is reducing production. We are looking at high inflation for the foreseeable future. But, remember, according to the Dems, there is no recession.