Monday morning on the Tennessee Star Report, host Leahy welcomed all-star panelist Crom Carmichael to the studio to discuss parallels between FDR’s depression and the current COVID recession and whether or not Roosevelt would have been considered a great president had it not been for Hitler.
Read MoreTag: Recession
Armstrong Williams Commentary: It’s Time to Talk About Recession
Is America in a recession? It’s an unpopular question to ask, but it has now been over 3 months since COVID-19 restrictions were initiated and it is time for us to get realistic about where we are economically so that we can take the proper steps to minimize further damage to our economy. At this point, the unfortunate reality is that regardless of what we do, it is likely that it will take at least several years to see a partial recovery of economic loss and the time that it will take for a complete recovery remains unknown at this point.
Read MoreCommentary: With a 50-Year Low Unemployment Rate, the Recession Clocks Need to be Reset Until After 2020
The U.S. economy got another dose of amazing news on Oct. 4 when the national unemployment rate dropped to a 50-year low of 3.5 percent.
Read MoreCommentary: People Rooting for an Economic Downturn to Oust President Trump, This Has to be the Worst Recession Ever
Below are a few good news economic stories you might have missed since the media created recession fears have been negated by the robust U.S. economy.
Read MoreCommentary: Russia, Racist and Recession Are the New Fake News R Words
Magically and mystically, this minute the favorite “R” word of the Democrats has shifted from Russia to racist to recession in the blink of an eye — all falsehoods — as they desperately hope that the normal economic cycle turns prior to the Nov. 2020 presidential election.
Read MoreCommentary: Is the Federal Reserve Trying to Cause a Recession before 2020?
by Robert Romano Did anyone notice the Fed inverted the yield curve? On May 23, the 10-year Treasury dipped below the federal funds rate, the benchmark interest rate set by the Federal Reserve that it currently has set for a range of 2.25 percent to 2.5 percent, and has…
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