If you believe that America is headed into a new golden age of prosperity, you are getting lonelier with each passing day, because many others who were wildly optimistic about the economy earlier this year have been jumping ship. In fact, even the White House is now openly admitting that there will be significant shortages this holiday season.
To many Americans, these shortages have come as a complete shock. Most of us have never experienced such shortages, and most of us never even dreamed that they were possible. But those that have been following my work for an extended period of time were not surprised by any of this. We were warned over and over again that shortages and rampant inflation were ahead of us, and now they are here with a vengeance. Unfortunately, the truth is that what we have gone through so far is just the beginning.
Normally, the White House will relentlessly “spin” any negative story in an attempt to make it a positive for Joe Biden.
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