> The last thing the administration will tolerate is a recession and asset price collapse at this point. It really doesn't matter what they will "tolerate." Th

> The last thing the administration will tolerate is a recession and asset price collapse at this point. It really doesn't matter what they will "tolerate." They do not have the power to stop it if it's coming, just like they don't have the power to stop the surge in inflation. The current economic situation was set in motion by policy decisions made months and over a year ago (as far back as April 2020), as well as the worst of the pandemic, that we are still feeling the effects of.