Economy
Articles
July 15th, 2022
By: The Editorial Board – wsj.com – July 13, 2022 Well, that was ugly. Inflation in June roared to its highest mark to date this year, rising 1.3% for the month and 9.1% over the last 12 months. This means greater declines in real wages and more Federal Reserve tightening that is likely to hit asset prices. No wonder Americans...
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Articles
July 11th, 2022
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.
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Articles
July 5th, 2022
By: The Editorial Board – wsj.com – July 4, 2022 It’s embarrassing for the leader of the free world to sound like he’s channeling Hugo Chávez. A Chinese state media flack praised Mr. Biden’s tweet: “Now US President finally realized that capitalism is all about exploitation. He didn’t believe this before.” Or maybe he did, and nobody wanted to believe...
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Articles
July 1st, 2022
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.”
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Articles
June 27th, 2022
“I’m doing my part.” President Joe Biden was talking this past week about gasoline prices. He praised himself while placing blame on supposedly greedy fossil fuel companies.
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Articles
June 24th, 2022
President Joe Biden and his economic advisors are dreaming up ways to fight rising gasoline prices. The steps they are reportedly considering would not just be worthless, they would be counterproductive.
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Articles
June 23rd, 2022
Chair of the Federal Reserve Jerome Powell contradicted Wednesday claims from President Joe Biden’s that “Putin’s price hike” is to blame for record high inflation.
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Articles
June 23rd, 2022
By: David R. Henderson & Casey B. Mulligan – wsj.com – June 22, 2022 Most discussion about the possibility of recession focuses on the Federal Reserve’s monetary policies. But there are also factors on the supply side of the economy that may tip the U.S. economy into a recession. Among them are the tax and regulatory policies of the Biden administration. A...
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Articles
June 20th, 2022
Biden said in an Associated Press interview that a recession is not inevitable and there’s “zero evidence” his policies drove inflation higher.
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Articles
June 20th, 2022
By: Kevin D. Williamson – nationalreview.com – June 19, 2022 Fiscal Armageddon is coming — eventually. It is necessary not to be an alarmist about that, but equally necessary not to be naïve about it. Fiscal Armageddon is what will happen when the U.S. government’s debt load exceeds its ability to comfortably service that debt. The U.S. government will face a...
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