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Is America Marching Toward A Recession? It becomes increasingly obvious every day that members of the Biden Administration and the liberal left members of both the House and the Senate have little knowledge of economic theory.  Even more disturbing is they are ignoring the reports of left-leaning financial analysts like Goldman Sachs, Morgan Stanley, and Forbes.  Many of the financial institutions as well as a respected economist have identified economic indicators that the United States is headed toward a recession.  One of the key drivers is due to the reckless spending and accrued debt being generated by the liberal left.