As the U.S. economy grapples with soaring inflation and rising interest rates that could trigger a recession, the Biden administration is being blamed for overheating the economy with too much stimulus aid in the wake of the COVID-19 pandemic. In an interview with the Associated Press published Thursday, President Joe Biden called the notion that the federal stimulus package caused inflation “bizarre.” Still, some prominent figures, including personal finance expert Suze Orman, have questioned… Source link
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