SAN DIEGO – Stocks slid Friday, Dec. 2 after a better-than-expected November jobs report defied expectations.
The Federal Reserve’s efforts to rein in inflation by raising interest rates seems to have failed as hiring continued at a robust rate.KUSI’s Hunter Sowards was joined by AM Radio KOGO Host Mark Larson to discuss the economy and how the U.S. will handle the impending recession.
The current administration created the high inflation, they are not planning to undo what they did.