Yes, your GP / FOX bad news crew sent you these facts and added their spin, gleefully hoping for a recession before the election.
Other commentators had different opinions, notably that the timid Fed should have cut rates earlier. " Veteran journalist John Harwood, formerly of CNBC, CNN, and The Wall Street Journal, cited Mark Zandi and said, "once again [he] was right as he has been consistently in recent years."
""Fed should have cut this week behind the curve," he added, also noting New York Times economist Paul Krugman "was also right."
Professor of economics and international affairs Tara Sinclair also wrote: "The Fed should have cut this week."
And Michael Linden, a Senior Policy Fellow at the Washington Center for Equitable Growth, also wrote: "Fed should have cut."
The culprit is the Fed not your Bidenomics whipping boy.
