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America Faces Crushing Economic Shock Ahead

March 6, 2026·about 8 hours ago·via The New York Times
America Faces Crushing Economic Shock Ahead
A New York Times opinion warns America cannot withstand the massive economic shock barreling down the tracks, fueled by stubborn inflation, ballooning deficits, and misguided policies. Current data shows CPI at 2.4% over the year to January 2026, with core inflation dipping to 2.5%, but experts at PIIE predict it surging past 4% by year-end due to tariff lags, fiscal deficits over 7% of GDP, tighter labor from immigration shifts, and loose monetary policy. J.P. Read more about this...

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