Senator Bernie Moreno (R‑OH) blasted economic “experts” and Federal Reserve leadership during a Breitbart News policy event, declaring they’ve been “catastrophically wrong."
A new report from California’s Legislative Analyst’s Office (LAO) paints a bleak picture of the state’s economy, describing it as “stagnant” and “fragile,” with job losses, falling consumer spending, and unsustainable reliance on stock market gains driving serious fiscal concerns. The warning is backed by multiple indicators showing the state slipping toward recession territory.
