Joe Biden is sweating bullets after getting this horrible economic news

Of all of the damage Joe Biden has done to America over the last couple of years or so, nothing compares to the damage he has done to the economy. 

Just about every measurable aspect of the United States economy is significantly worse off now than it was when Trump was President. 

But now Joe Biden is sweating bullets after getting this horrible economic news. 

The economy will only get worse from here on out

The United States economy is in ruins. 

Even scarier, most experts believe that the worst is yet to come. 

Just take a look at a horrifying prediction made by one of America’s largest banks, Bank of America. 

According to Bank of America, unemployment will soar to 5.6% by the end of next year. 

They had originally predicted unemployment to rise to 5%, and have since revised their prediction to 5.6%, which is staggering considering the end of 2023 is still over a year out. 

Rapid increases like this typically indicate something much larger is on the horizon. 

Expect this figure to only go up over time. 

Primary factors for this increase include rapid inflation growth, labor shortages, and tremors in the stock market, which could imply that an even bigger economic collapse is imminent. 

If you keep a close eye on politics and the economy, this is less than surprising. 

Joe Biden and his handlers have made it their mission to destroy America and America’s economy through all of their disastrous socialist policies so they can rebuild on the ashes. 

Believe it or not, printing money like there is no tomorrow is devastating for the economy, yet Joe Biden and his cronies in Washington, D.C. have been doing just that. 

The truth is, it is a miracle that the economy has not bottomed out yet given Joe Biden’s horrible job as President. 

What is next for the American economy?

Over the next year or so, expect some major changes to the economy and life in America. 

Food prices and the prices of many common goods will only continue to rise, making every grocery trip more and more expensive. 

After sitting at home for years, many people will be pressured to go back to work to find that places are not hiring as much as they once were. 

This will cause widespread suffering across the nation.  

And that is why Joe Biden’s tax-and-spend policies are so dangerous. 

Americans have become very accustomed to the federal government looking out for them, and when the money dries up, America is in for a rude awakening. 

The time to reverse course is now, and the November elections give patriots a chance to stop some of the bleeding. 

While the White House isn’t up for grabs this election, it is possible to take back Congress, which would effectively block Biden’s socialist agenda. 

Doing so would allow the private sector to breathe freely some, which is the best way to get out of this mess the radical Left has created. 

US Political Daily will keep you up-to-date on any developments to this ongoing story.