The Biden economy is a mess. Economic results from a leading business information company show Biden’s economy (GDP) is actually contracting and likely in the early stages of a recession. At his State of the Union speech on Tuesday, Joe Biden spoke of his desire to “keep the economy going strong”: Great to work for a president who believes in every worker—“We are also going to cut costs to keep the economy going strong and give workers a fair shot, provide more training and apprenticeships, hire them based on skills not just their degrees.” — President Biden SOTU pic.twitter.com/krVatvPS7f — Chike Aguh (@CRAguh) March 2, 2022 Biden’s statement assumed that the economy is currently “going strong.” A report that same day from leading economic and business information services firm IHS Markit contradicted this contention, and instead showed that the US economy’s Gross Domestic Product contracted slightly from Oct.