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Sean Hannity slams Biden's economic delusions with country barreling into 'economic suffering'
Fox News
Fox News host Sean Hannity expressed concern on "Hannity" over the direction of the country, pointing to inflation, gas prices and a plunging stock market.
The stock market, meanwhile, is plunging dramatically. Guess what? We're back to where Joe started on day one. The Dow Jones average down another 150 points today. What is that, five days in a row? Significant declines four out of the five. And tomorrow could likely be much worse. The Fed expected to once again raise interest rates, either a half point or a massive three quarters of a point interest rate hike and will continue to hike rates for the foreseeable future. Goldman Sachs predicts as many as 11 in the next two years combined. And that means, well, new home sales will go down. New home construction. Yeah, that's about to come to a standstill. Sales of existing homes will plummet. Home values. Sorry. I know many of you recently gotten valuations. They will head south fast too as well. Remember, the higher the rate. That means fewer loans. That means fewer Americans that will be out there buying houses. Now, combine that with the spiking inflation, spiking gas prices, this country, we are all headed into a very scary place. Already two thirds of the country is living paycheck to paycheck.
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