Some politicians in Washington don’t understand that increasing federal spending is one of the chief causes of inflation. Senate Democrats just rolled out new legislation titled the ‘Inflation Reduction Act.’

By: Kevin D. Williamson – nationalreview.com – July 27, 2022 When is a recession not a recession? When it is bad for Democratic incumbents. From time immemorial, the definition of “recession” in the financial press and the political conversation has been “two or more consecutive quarters of declining real GDP.” The Biden administration, fearing bad news in the near future,...

One economist instantly took the air out of the administration’s argument about what constitutes a recession.

The share of Americans who report having difficulties paying their bills has surpassed its 2020 pandemic peak in a US Census Bureau survey, underscoring the toll of soaring prices on budgets.

Biden’s economists emphasize a range of data showing expansion. Next Thursday, the Commerce Department will release its initial estimate of second-quarter growth. President Biden’s economic advisers are trying to lay down a marker now.

How can it be that with so much cattle in America, we sometimes can’t buy meat? At the beginning of the pandemic, Costco, Wegmans and Kroger limited purchases of beef.

President Joe Biden hasn’t limited himself to scolding gas stations about charging too much for gasoline. He recently scolded the refineries also.

Sri Lanka is an example of how easily ill-advised economic policies can turn a fairly prosperous country into one that is literally out of gas.

New Hampshire Governor Chris Sununu (R) predicted that a recession is coming and blasted Treasury Secretary Janet Yellen, claiming “she’s completely misled America” and should be fired.  

We should get something on the record: While President Joe Biden was recently at the beach, he snapped at a reporter who asked about swirling predictions of a coming recession: “C’mon, don’t make things up…now you sound like a Republican.”