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Tag: US economy

Biden’s Backlogged Ports Problem

(Headline USA) In the wake of ruinous policy failures, months of forced lock-downs, store aisles running thin, a supply chain in shambles, and gas...

GREAT RESET: Psaki Admits Using COVID for ‘Fundamental Change’ to Economy

In a press briefing Tuesday, White House press secretary Jen Psaki claimed that President Joe Biden believes "we can still do something historic that...

September Jobs Report Abysmal Yet Again

Job creation in September came up well short of the anticipated numbers once again, MSNBC reported. With an increase of merely 194,000 jobs according to...

Labor Dept. SHOCK: Unemployment Claims Rise for THIRD Straight Week

(Headline USA) The number of Americans applying for unemployment benefits rose for the third straight week, a sign that Democrats in control of the government...

Fed Chair Admits Biden Inflation Is Worse than Expected

(Headline USA) Federal Reserve Chairman Jerome Powell is preparing to tell Congress that the current spike in U.S. inflation has proven to be larger...

WTF Happened in 1971? Economic Indicators Worsen Since End of Gold Standard

(Jon Miltimore, Foundation for Economic Education) In mid August, Twitter Founder and CEO Jack Dorsey tweeted a strange hashtag: #WTFHappenedin1971. #wtfhappenedin1971 — jack⚡️ (@jack) August 15, 2021 A...

Jobless Claims Rise 351,000 in Surprise Jump

(Headline USA) The number of Americans applying for unemployment aid rose last week for a second straight week to 351,000, a sign that the Biden...

Biden’s Economy is Worse than Global Economic Experts Expected

(Casey Harper, The Center Square) – A major international economic forecasting group has now lowered its optimism about a U.S. rebound from the COVID-19...

Media Attempt to Downplay Alarming New Inflation Report

(Brad Polumbo, Foundation for Economic Education) It’s no secret that the mainstream media has a left-leaning bias. So it’s not exactly surprising that when alarming new...

Big-Spending Dems Try to Act Conservative on Radical Budget Bill

(Headline USA) With the Biden administration's public approval underwater and outrage growing over failed leftist policies that have had severe consequences, including massive inflation,...

Consumer Prices Up 5.3 Percent as Inflation Continues to Surge

(Casey Harper, The Center Square) New federal data released Tuesday showed a continued trend of elevated inflation. The Bureau of Labor Statistics released the Consumer Price...

Inflation Surges an Unprecedented 8.3 Percent in August

(Headline USA) Inflation at the wholesale level climbed 8.3% last month from August 2020, the biggest annual gain since the Labor Department started calculating the...

Hiring Falls Short of Expectations by a Half-Million Jobs in August

(Headline USA) America’s employers added just 235,000 jobs in August, a surprisingly weak gain after two months of robust hiring and the clearest sign to...

INFLATION EXPLOSION: Price Index Posts Fastest Annual Gain in 30 Years

(Headline USA) Growth in U.S. consumer spending slowed in July to a barely detectable increase of 0.3%, while inflation over the past 12 months hit...

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