Inflation is up 20% since Biden took office
“Making Money” host Charles Payne claimed that inflation hasn’t gone down at all while President Biden has been in office. Inflation has emerged as one of the most stubborn political issues in President Biden’s re-election campaign, hitting a grim new milestone in inflation this week, dealing a blow to the White House. The consumer price […]
Green Energy Transition Helped Create Higher Inflation Environment
On Friday’s Bloomberg “Surveillance” broadcast, Dr. Mohamed El-Erian, Bloomberg columnist, economist, president of Queen’s University, Allianz chief economic advisor, and former chairman of the Obama World Development Council, said that the transition to “sustainable energy” He said the project had contributed to the creation of “sustainable energy.” A world exposed to higher inflation than the […]
Trump hits Biden for blaming ‘disaster’ inflation on shrinking size of Snickers Bars
Former President Trump criticized President Biden’s handling of inflation in a late-night social media post, joking that President Biden’s “economic disaster” was due to the downsizing of Snickers bars. In a series of posts on Truth Social late Friday night, President Trump suggested that “corporate greed” is the main reason why prices remain high, and […]
Establishment Media Fact Check Biden’s False Inflation Claim
At least six establishment media outlets have fact-checked the repeated false claim that inflation was 9 percent when President Joe Biden “took office.” First fact-checked by Breitbart News and other media outlets in early May, the Consumer Price Index (CPI) inflation rate for January 2021, the most recent measurement since President Biden took office, was […]
Joe Biden’s ‘Made in China’ Inflation Reduction Act Gives Billions to China, Cuts Medicare, Kills American Jobs
The following content is Americans want limited government. When Donald Trump released a video in which he said, “Biden’s pro-China economic plan is putting America last and destroying our country,” mainstream media enlisted establishment apologists to fact-check Trump. He insisted that Biden’s statements were not true. Surrender the store to Chinese dictator Xi Jinping. We […]
“2% Is and Will Remain our Inflation Target”
He fretted about the re-accelerating economy flying above the “below-trend” growth required to get to 2%. “We will keep at it until the job is done.” The most important aspect of Fed Chair Jerome Powell’s speech today [8/25/23] at the Jackson Hole Symposium was his total and repeated smackdown of the folks that had either […]
Job Creators Network Hammers Biden’s Bogus Inflation Numbers With Massive Times Square Billboard
Job Creators Network’s (JCN) latest Times Square billboard denounces false and misleading statements by President Joe Biden and his administration that the inflation rate was 9% when he took office. The sign reads, “Inflation…was 9 percent when I came to the office.” “Hey Pal. How many more times do we have to hear this malarkey?! […]
Eight-year-old’s inflation rant over ice cream prices goes viral
they are furiously angry. In an unsuccessful search for a snack, the two veer far off course after visiting a local ice cream shop and discover that the price of ice cream has recently skyrocketed. Marnie and Myra, 8-year-old twins from Burnley, England, inadvertently summarized social exhaustion due to the ever-increasing prices of almost everything […]
Dow 40,000, GameStop, Inflation | Fox Business
BMO Capital Markets’ chief investment strategist explained why he raised his year-end S&P 500 target on “how to make money.” -Dow Jones Industrial Average exceeds 40,000 for the first time in history ・Inflation remains high, weighing on Fed Chairman Jerome Powell’s spirits – Walmart is winning as more high-income Americans spend their money shopping – […]
Mortgage rates dip lower on positive inflation news, hold at near 7%: Freddie Mac
Buyers in the market saw borrowing costs fall slightly this week. (iStock) Mortgage rates rose above 7% again this week, but Freddie Mac said April’s inflation numbers were a promising step toward relief. The average interest rate on a 30-year fixed-rate mortgage for the week ending May 16 was 7.02%, according to Freddie Mac’s latest […]