By Stephen Zogopoulos, USNN World News Inflation has surged in recent years, impacting every aspect of American life from grocery bills to gas prices. This “involuntary tax” has drained the pockets of many, yet the expected public outrage seems surprisingly muted. Experts and everyday citizens alike are puzzled by the relative calm in the face […]
Tag: Economic Recession
In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending.