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Schoen & Mangel: President Biden's economic woes piling up
5 days ago | By Boston Herald
In September, Doug warned that the U.S. economy was on the brink of a crisis that would cause real pain for American households and businesses. Economists at the time posited that the Federal Reserve's aggressive efforts to combat surging inflation, while necessary, portended an impending recession, or worse, a period of stagflation.
Six months later, the economic crisis that we - along with many others - feared is unfolding before our eyes, and has taken on a new dimension.
Last week, in the span of 72 hours, two banks - Silicon Valley Bank, the 16th largest bank in the country, and the...
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