Lib Economist WARNS CNN of ‘Uncomfortably High’ Recession Chance

Lib Economist WARNS CNN of ‘Uncomfortably High’ Recession Chance

A high-profile liberal economist — and reported Hillary Clinton donor — said that the chances of recession in the U.S. are looking increasingly more likely, according to CNN. 

Moody Analytics Chief Economist Mark Zandi reportedly said that the “US economy has at least a one-in-three chance of sinking into a recession over the next 12 months,” CNN Business summarized. Zandi’s ominous prediction broke with his previous proclamation that a “total Democratic sweep [in the 2020 elections] would bring the biggest boost to the economy.” 

The New York Times reported back in 2016 that Zandi was a “registered Democrat” and a donor to Hillary Clinton, as records on Open Secrets also suggest. 

The liberal economist’s initial forecast about economic paradise in a leftist-run economy has so far turned out to be total bunk. A recent survey of consumer sentiment by the University of Michigan found that Americans are extremely pessimistic about the economy. Consumer sentiment reportedly plummeted to its lowest level since 2011, during the Great Recession. Inflation also shot up to 7.9 percent in February on a yearly basis, its highest level in more than 40 years. 
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