Peter St. Onge: Is the US Economy Headed for Recession?

Steve Lance
By Steve Lance
April 13, 2022Capitol Report
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The most recent jobs report is now being overshadowed by 40-year-high inflation, in part because this has the most tangible effect on the average person’s wallet. The inflation rate has jumped from 2 percent when President Donald Trump left office just over a year ago to 8.5 percent. NTD spoke with the Heritage Foundation’s Peter St. Onge to break it all down.