John Lonski, President of The Lonski Group, says the only thing that will bring an end to inflation and rapidly growing U.S. government debt is a recession. The economic outlook is worsening, unemployment will lead to lower consumer spending. The job market for 2024 grads is the worst it’s been since the Covid recession with few opportunities outside of government and healthcare jobs. Lonski says it’s like a socialist economy we’re seeing. Corporations are doing too much trying to save the world with their woke policies. All while the axis powers of Russia, China and Iran are working against U.S. interests and Biden doesn’t know what to do.
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