Things are bad right now, but 2023 will “feel like a full-blown recession,” Rep. Markwayne Mullin, D-Oklahoma, told Newsmax on Wednesday.
“It’s ridiculous that they supposedly listened to the experts when it comes to science, but they don’t listen to the experts when it comes to the economy,” Mullin told “Prime News’ Jen Pellegrino.” “There’s not a single economist you talk to who doesn’t believe we’re headed for a recession.
“In fact, most people now, if you start reading these different magazines, you will find that most of them think that 2023 is going to be very difficult. It’s going to have all the feel of a full-blown recession, but it’s going to feel like a long-term recession because you’re going to continue to see inflation rise.”
Mullin was responding to President Joe Biden’s televised interview on CNN, where he said he did not think the country was facing a recession, but could face a “minor” recession in the near future.
“[A recession] didn’t happen,” Biden told CNN on Tuesday. “I don’t think there’s going to be a recession. If there is, it will be a very small decline.”
Mullin said the administration can’t admit the economy is in recession because they know it’s their policy and doesn’t fit their narrative.
“The administration is denying it because it doesn’t fit their narrative,” Mullin said. “If it fits their narrative, then they wouldn’t have to lie about what they say. But the fact is that their policies have led to [the economy] here.”
Mullin said that if they have to admit that things are going wrong, they should take responsibility for the failures and bring back former President Donald Trump’s policies.
“They had to admit it they did something wrong and need to go back and undo it which means they must bring in President Trump’s policies because it leads us out of the recession,” he said.
During his interview, Biden touted the $1.9 trillion U.S. bailout plan passed by mostly Democrats in 2021 as a demonstration of his administration’s commitment to helping the economy.
“Look, we’re done,” Biden said. “We’ve passed so much legislation, the American bailout, the Inflation Act, so much has been done.”
Mullin said he believes the American people have had enough, predicting a “red wave” coming in November’s midterm elections.
“I think, an American people are gathering on November 8 tell people what they are I believe, – said Malin. – I really believe the red wave is coming.”
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