New Hampshire Gov. Chris Sununu warned that inflation is going to be “very exacerbated for the next few years” and a recession will be “very real” owing to the fact that much of the spending allocated under the American Rescue Plan and infrastructure package hasn’t actually been spent yet.
Sununu, a Republican, made the comments in an interview on “CNN Tonight” on Wednesday, when he warned that a severe recession was likely and that the country “hasn’t even begun to feel the beginning of it.”
“So, look, everyone talks about the $5 trillion into the economy that has driven inflation, that’s absolutely true, there’s no doubt,” Sununu said, referencing just some of the billions of dollars in pandemic stimulus money….