What is a recession, and should Americans be worried? 

Recessions are notoriously hard to predict – but here's what to know about them

 Megan Henney / FOXBusiness

A growing number of Wall Street banks are forecasting an economic recession in coming years as a result of the Russian war in Ukraine, red-hot inflation and an increasingly hawkish Federal Reserve.

Harvard University professor Kenneth Rogoff, a former chief economist at the International Monetary Fund, weighs in on GDP shrinking by 1.4% on an annualized basis in the first quarter.

A growing number of Wall Street banks are forecasting an economic recession in coming years as a result of the Russian war in Ukraine, red-hot inflation and an increasingly hawkish Federal Reserve.

Goldman Sachs, Deutsche Bank and Bank of America are among the firms predicting an economic downturn within the next two years, which could have serious implications for millions of Americans. Recessions, which simply refers to two consecutive quarters of negative economic growth, are often characterized by high unemployment, low or negative GDP growth, falling income, and slowing retail sales. Read more and see video here: https://www.foxbusiness.com/economy/what-is-a-recession

Gov. Ron DeSantis Leading the Way on Speaking Out on Another Issue: Disinformation

Rebecca Downs / Townhall Tipsheet

 

Earlier this week, it was revealed that the Department of Homeland Security will focus on "countering misinformation" through a Disinformation Governance Board. It's not merely the creation of the board that's chilling, but who is serving as the executive director: Nina Jankowicz. In addition to her tweeting about Hunter Biden's laptop being a matter of "Russian influence," she has a whole collection of problematic social media posts, some of which Leah highlighted earlier on Friday. Republicans are fighting back, though, chief among them Gov. Ron DeSantis of Florida.

 

During a Friday press conference, DeSantis pointed out that the board seemed more suited as an April Fool's joke. "As if they don't have enough issues to deal with, they now have an idea, and I honestly thought this was just a belated April Fool's joke, but they are actually going to create, in the Department of Homeland Security, a bureau of disinformation. It's basically a Ministry of Truth," DeSantis said...Read more and see tweets and videos here.

RIGHT SIDE PATRIOTS...PodCast

 

If you missed last night's show where RIGHT SIDE PATRIOTS Craig Andresen and Diane Sori discussed the latest happenings in Ukraine including an American ex-marine killed; the ramifications of and reaction to Biden's newly announced 'Disinformation Board'; and Democrats meltdown reaction to Elon Musk's Twitter buyout deal...you can listen to it (and previous shows) at your convenience at: https://rspradio1.com to go directly to our podcasts and hope you become 'followers' of RIGHT SIDE PATRIOTS.