Browsing All Posts filed under »Economy«

Post-Pandemic Job Recovery Paints A Favorable Picture For Republicans, Report Finds

September 19, 2022 by

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By Gillian Richards ~ The Republican National Committee released a report this Friday showing that Republican-led states have led the way in creating new jobs and lowering unemployment since the COVID-19 outbreak. Using new Department of Labor data, the committee found that in August, 9 out of the 10 states leading the way in job […]

Ignore Biden Talk About Zero Inflation. Here’s The Reality.

August 11, 2022 by

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By Peter St. Onge ~ The highly anticipated consumer price index numbers for July came out Wednesday, and while energy fluctuations drove the headline number down, ominous trends show President Joe Biden’s inflation will continue to devastate the American people. The headline consumer price index came in at 8.5% year-over-year inflation, down from last month’s […]

After Marathon ‘Vote-a-Rama,’ Senate Democrats Ram Through ‘Inflation Reduction Act’ Tax And Spending Bill

August 8, 2022 by

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By Fred Lucas ~ Pulling an all-night “vote-a-rama” Saturday that extended through the middle of the afternoon on Sunday, Senate Democrats defeated a slew of Republican amendments en route to passing a massive spending and taxing bill. In her role as president of the Senate, Vice President Kamala Harris cast the tie-breaking vote on the […]

Federal Student Loan Boondoggle

August 3, 2022 by

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By Thomas Gallatin ~ Student loan waste was “unexpectedly” high — to the tune of $311 billion. “Free college” was the mantra espoused by radical leftist candidates including Bernie Sanders in his ultimately failed presidential bid. Sanders’s proposal included “forgiving” $1.6 trillion in student loan debt, as he called the cost of higher education a […]

Same Krugman Who Foretold Trump ‘Global Recession’ Says ‘Ignore’ 2-Quarter Rule Now

July 28, 2022 by

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By Joseph Vazquez ~ The New York Times economics columnist Paul Krugman went from admitting he completely botched his “transitory” inflation calls to gaslighting readers over the possibility of a recession. Krugman took to Twitter to promote his new column that aligns with the White House’s latest strategy to cast confusion over the meaning of […]

‘I Was Wrong’: Paul Krugman Kicks Himself For His Awful Inflation Takes

July 22, 2022 by

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By Joseph Vazquez ~ The New York Times opinion section actually published a shocking project where eight of their columnists admitted they were wrong about either economics, tech, foreign affairs or politics. At the top of the list was none other than “transitory” inflation gaslighter Paul Krugman. The Times’s economic columnist published an op-ed with a headline […]

House Republicans Call For Accountability On ‘Bidenflation’ And Energy Crisis

June 22, 2022 by

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By Fred Lucas ~ Americans are paying about $2,500 more for energy because of Biden administration policies, says former Energy Secretary Rick Perry. “We became the No. 1 producer of oil and natural gas and become a net energy exporter for the first time in 70 years,” Perry told a panel of House Republicans Tuesday […]

About That ‘Extraordinary Progress’ Under Biden…

June 16, 2022 by

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Nate Jackson  ~ Progress doesn’t necessarily mean going in the right direction, as we can all see in today’s economy. ~    In remarks to the AFL-CIO yesterday, Joe Biden trotted out some of his favorite economic lies and tropes. Taxes, deficits, spending, jobs, you name it — he lied about it. A few examples: […]

Bloomberg Editors Avoid Blaming Biden, Fed For Pushing Economy To Razor’s Edge On Inflation

June 16, 2022 by

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By Joseph Vazquez ~ The Bloomberg Opinion Editorial Board had a bit of a red pill moment on how bad the inflation crisis actually is, but didn’t lay any blame at the feet of President Joe Biden and the Federal Reserve. In an editorial headlined, “The Fed Has a Narrow Path Between Inflation and Recession,” […]

America And United Kingdom: ‘Most Natural Of Economic Partners’

June 10, 2022 by

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By Anthony B Kim ~ “[T]he United States should strengthen its close and mutually beneficial trading and economic partnership with the United Kingdom.” That’s the unequivocal statement from Sen. Mike Lee, R-Utah, in his recent resolution calling for a free trade agreement between the two long-time, like-minded, and willing transatlantic allies. Advocating for a U.S.-U.K. […]

Fintech Firm Financing African Dreams

May 28, 2022 by

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By Duggan Flanakin ~ How do you grow a middle class across the African continent? The answer should be simple: support entrepreneurship that multiplies the available capital in the economy accessible to ordinary working people. That’s what worked in the West, and more recently in the Pacific Rim and even in the  People’s Republic of China. Emerging […]

Big Three Ignore Report Showing 64% Of Americans Living Paycheck To Paycheck

March 11, 2022 by

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By Joseph Vazquez ~ The ABC, CBS and NBC evening news shows buried a report showing that most Americans currently live paycheck to paycheck as the cost of living continues to skyrocket. Fintech marketplace bank LendingClub released a report March 3, which stated that “[t]he number of consumers living paycheck to paycheck has increased steadily […]

Crypto-Clamped! Biden Bites Down On Alternative Currency With New Executive Order

March 10, 2022 by

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By Alexander Hall ~ President Joe Biden signed an executive order to ensure government oversight of cryptocurrency and to ensure that it is “equitable” for groups categorized as historically marginalized. Does anything escape government control in this administration? Biden signed an executive order today so that the United States regime can “address any regulatory gaps” […]

Percentage of Women in the Workforce Plummets

February 13, 2022 by

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Emmy Griffin But is this really a bad thing, or is it a boost for families? According to Tami Forman at Fortune, the women’s work participation rate is down to 57%. It has not been this low since 1988. It is especially bad, according to Forman, because many women have now been out of the […]

Saule Omarova Shouldn’t Be Overseeing Our Banks

November 27, 2021 by

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By Star Parker ~ It is ironic when Democrats complain about sensational use of language. Thanks to progressives, practically every white person in America has been labelled a racist. But now Democrats are screaming because Republican Sen. John Kennedy suggested that Saule Omarova, whom President Joe Biden has nominated to head the Office of the […]

Did Liberal Media Outlets Finally Take Red Pill On ‘Bidenflation’ Crisis?

November 13, 2021 by

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By Joseph Vazquez ~ The inflation crisis has gotten so bad that multiple liberal outlets are now admitting that it spells disaster for President Joe Biden’s economic agenda. CNBC published an eye-opening piece headlined, “Inflation has taken away all the wage gains for workers and then some.” The story analyzed that “[r]eal average hourly earnings […]

Congress’ Wasteful Spending Spree Must End With Infrastructure Bill

November 12, 2021 by

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By David Ditch ~ Last weekend, the House finally passed the nearly $1.2 trillion infrastructure package. The vote followed months of tedious back-and-forth drama between various factions within the Democratic Party. Ideally, that would be the final act in an overly long spending spree from Congress that began last year, but there’s an all-too-real chance […]

BIDEN COVER: TIME Magazine Blames ‘American Shoppers’ For Breaking Supply Chain

November 8, 2021 by

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By Joseph Vazquez ~ Blame Americans! TIME magazine chose to blame the everyman to protect President Joe Biden from his disastrous economic policies and the supply chain shortages hampering the U.S. economy. The liberal magazine was blunt in its absurd condescension in a story headlined, “How American Shoppers Broke the Supply Chain.” The story bleated […]

Democrats’ Proposed Tax On Unrealized Capital Gains Likely Unconstitutional

October 29, 2021 by

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By GianCarlo Canaparo ~ Democrats have proposed partly funding some of their multitrillion-dollar spending plan with a tax on the “unrealized capital gains” of anyone who makes more than $100 million per year or is worth at least $1 billion. That proposed tax is likely unconstitutional. To understand why, we first must understand how such […]

Inflation Derailing Climate Change Agenda

October 21, 2021 by

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By Peter Murphy ~ From day one of his presidency, Joe Biden has been implementing his climate change agenda. By hook or by crook, the Biden administration and Congress are trying to force American businesses and consumers away from plentiful and affordable oil, coal and natural gas. Then something happened along the way that could […]

Biden’s Absurd ‘Zero Cost’ Claim—$3.5 Trillion Is Real Money And It’s Coming Out Of Your Pocket

October 2, 2021 by

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By David Ditch ~ Talk about a ludicrous advertising pitch! Speaking of the record-breaking tax-and-spend package currently being pushed through Congress, President Joe Biden last Friday said, “It is zero price tag on the debt. We’re going to pay for everything we spend.” This is flatly wrong, and it isn’t even close. While we don’t yet have a full accounting […]

Democrats’ Massive Spending Bill Would Hasten America’s Fundamental Transformation

September 24, 2021 by

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By Jarrett Stepman ~ The massive spending bill backed by President Joe Biden and Democrat leadership in Congress highlights just how radical their party has become and the farce behind billing the Biden presidency as a “moderate” alternative to the far left. The $3.5 trillion spending measure has been billed as a way to promote […]

YIKES! Bloomberg News Admits Americans Seeing ‘Worst Buying Conditions In Decades’

September 19, 2021 by

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By Joseph Vazquez ~ As the nation grapples with the threat of high inflation, Bloomberg News is reporting that Americans are now feeling the heat of price spikes. The outlet published a damning story Sept. 17 headlined, “Americans See Worst Buying Conditions in Decades on High Prices.” Specifically, according to Bloomberg News, buying conditions “for […]

8 Things You Need To Know About Democrats’ Tax Increase Bill

September 17, 2021 by

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By Matthew Dickerson and Richard Stern ~ Congressional Democrats this week finally unveiled the legislative text of the largest tax increase in more than 50 years. It weighs in at more than 880 pages, so it’s no wonder they have attempted to keep the details of the so-called “Build Back Better Act” under wraps. Whenever […]