As the economy slowly slides into recession, the Biden administration prepares to blame Republicans.

The media cry cheer as Facebook reinstates Donald Trump, and we must all respect the pronouns

of alleged rapists who now say they are female.

I'm Ben Shapiro. This is The Ben Shapiro Show.

Well, folks, we do have the economic stats from the fourth quarter in the United States.

According to the Wall Street Journal, the U.S. economy grew at a solid 2.9% annual rate last quarter,

but entered this year with less momentum as rising interest rates and still high inflation weighed on demand.

U.S. growth in the fourth quarter was down slightly from a 3.2% annualized rate in the third quarter,

according to the Commerce Department. Consumer spending helped drive the fourth quarter gain.

Obviously, it's holiday season. A lot of people are out there spending. The housing market did

weaken businesses cut back their spending on equipment as well, presumably in expectation that

things are about to get very slow in the American economy. The October to December period

kept a year of economic slowdown with growth of 1% in the fourth quarter of 2022 compared with a year earlier and down sharply

from the 5.7% growth in 2021. So we are certainly sliding into something. Many people are saying

that recession is about to happen. The slowdown in part reflected a return to a more normal pace

of growth after output surged mid-business reopenings, fiscal stimulus, and a waning pandemic in 2021. So as inflation begins to wane and as those interest rates increase, the economy is going to go into a certain level of stagnation. It may be recession followed by stagnation or it just may be plain stagnation. Whatever it is, the future of the American economy for at least the next couple of years is not going to be particularly strong. According to Kathy, Bost Jancheck,

the chief economist, and nationwide outside of the labor market, we're releasing a broad-based

slowing economic activity. It's not going to be a soft landing. Now, many people in the media

are, of course, trying to pitch the idea that a soft landing is imminent.

A soft landing would be where the Federal Reserve somehow achieves the signal feat of increasing

the interest rates to slow inflation without the country actually sliding into full-on

economic recession.

...