NH Business Leader Says High Inflation Numbers Are Not The Full Picture

Local Entrepreneur, Former U.S. Senate Candidate and Business Developer Bill Binnie told Good Morning New Hampshire that inflation and high gas prices are not the real story of the economy.

“Inflation is higher than the 7.9% that came out today.  If you take the period from March to May, you see high inflation, we are looking at double digits.  I think we at the cusp or in the beginning of a recession”, Binnie told Jack Heath.

“Every spike we have seen with oil has led to a recession, if it hasn’t already started”, He said.

Binnie also talked about the Biden Administration’s energy policies and how it is making the situation worse.