368. Warning Recession Incoming

Show Notes

The Heartland Institute's Donald Kendal, Justin Haskins, and Chris Talgo present episode 368 of the In The Tank Podcast. It appears as the though the consensus is in - we are heading for a recession. However, according to President Biden, we are only likely to get a "slight recession." The ITT crew talks about the potential severity of the coming recession. Also, the most recent census over counted in a bunch of blue states, potentially skewing the political landscape in favor of the Democrats.

 

PRIMARY TOPIC - WARNING RECESSION INCOMING

Bloomberg - Forecast for US Recession Within Year Hits 100% in Blow to Biden
https://www.bloomberg.com/news/articles/2022-10-17/forecast-for-us-recession-within-year-hits-100-in-blow-to-biden?sref=h5EZFUoq

Axios - Markets and economists are increasingly certain of recession
https://www.axios.com/2022/10/19/us-recession-risk-markets-economy

Forbes - Jeff Bezos Says It’s Time To “Batten Down The Hatches” In Latest Recession Warning
https://www.forbes.com/sites/qai/2022/10/19/jeff-bezos-says-its-time-to-batten-down-the-hatches-in-latest-recession-warning/?sh=1183d18c1d48

CNN - Biden acknowledges a ‘slight recession’ is possible, even if he doesn’t think it’ll happen
https://www.cnn.com/2022/10/11/politics/recession-joe-biden-cnntv/index.html

The Epoch Times - America Can ‘100 Percent’ Avoid Recession If Biden Makes One Key Policy Shift: Billionaire John Catsimatidis
https://www.theepochtimes.com/america-can-100-percent-avoid-recession-if-biden-makes-one-key-policy-shift-billionaire-john-catsimatidis_4773448.html

  

SECONDARY TOPIC - CENSUS OVER COUNTS BLUE STATES  

Daily Signal - Census Bureau Admits Overcounting 7 Blue States, Just 1 Red State
https://www.dailysignal.com/2022/08/18/census-errors-will-distort-elections-funding-for-next-decade/

The Hill - Census blunder may tip 2024 to Democrats
https://thehill.com/opinion/campaign/3504546-census-blunder-may-tip-2024-to-democrats/

Creators and Guests

Host

Chris Talgo

Chris Talgo is the Editorial Director at The Heartland Institute and a research fellow for Heartland’s Socialism Research Center.

Host

Donald Kendal

Donald Kendal is a research fellow for The Heartland's Socialism Research Center, host of Heartland's In the Tank Podcast and Stopping Socialism TV, and a talented graphic designer.

Host

Jim Lakely

Jim Lakely is the Vice President and Director of Communications of The Heartland Institute.

What is In The Tank?

The weekly flagship podcast from The Heartland Institute features in-depth policy discussions connected to current news. Host Donald Kendal leads the discussion with the usual crew of Heartland Institute Vice President Jim Lakely, Socialism Research Center “Commissar” Justin Haskins, Editorial Director Chris Talgo, and others at this national free-market think tank. The entertaining and informative discussions often hit topics such as the environment, energy policy, Big Tech censorship, the troubling rise of socialism, globalism, health care, education, that state of freedom in America and around the world, and much more.

This podcast is also available as part of the Heartland Daily Podcast, the “firehose” of all the organization’s podcasts that take deep and entertaining dives into public policy.